Hannah Gurga, Director General at the ABI said:
"Fraud is the biggest crime in England and Wales. Millions of people are affected by it each year and often those in the most vulnerable circumstances.
We fully support the Government’s drive for a united approach to crackdown on fraud and welcome the Strategy’s focus on partnerships alongside continued investment in public awareness and victim support. The tech sector has made some progress and the increased focus on this area will be crucial to help tackle the issue. With most fraud starting online, tech firms, social platforms and telecoms providers must now deliver on their commitments and contribute to prevention and detection, and the strengthened governance framework to monitor their performance is welcome. Insurers already invest heavily in fighting fraud and take this threat extremely seriously. We’ll continue working closely with Government to implement the strategy and deliver on the Fraud Charter to strengthen the UK’s resilience."