GoCompare has become Cifas' 500th member. The PCW will now be able to check suspicious activity against data at point of quote and quickly receive an indication of whether there are suspicions of fraud.

Head of fraud at GoCompare, Fleur Lewis said: “As members, having access to the cross-sector fraud sharing database will build on our current fraud capabilities and protect both our partners and customers alike.

“Being a comparison website, we have an important role to play in the prevention of fraud for the industry and we believe it’s our duty to support in any way we can by identifying fraudulent behaviour,” she added. “Our ambition is to provide insurers with genuine, quality customers, reducing their operational costs and fraud losses, and the Cifas membership will strengthen our ability to do so.”

Chief executive officer of Cifas, Mike Haley said: “New and innovative sectors will always be a target for fraudsters, and by becoming the first comparison site to join Cifas, GoCompare is a trailblazer in the fight against fraud within their industry.”

GoCompare’s joined the Insurance Fraud Bureau in May as member and partnered with Featurespace in December 2018, to incorporate machine-learning to block new fraud.

Share Story: