WHAT INSURERS ARE USING TO CURB FRAUD
- Posted by: Laban Momanyi
- Category: comprehensive insurance coverage, security insurance
The Association of Kenya Insurers (AKI) has developed a virtual motor insurance certificate to curb insurance-related fraud in the industry.
The insurance industry umbrella lobby said Monday that the digitisation of the insurance certificates will break an elaborate motor vehicle fraud scheme that has been bleeding the industry of millions of shillings through fake multiple claims. Digitisation is also expected to increase efficiency.