GA Mac Lachlan Inc | Registered Chartered Accountants and Auditor

Common Tactics Fraudsters Use in Insurance

Insurance fraud costs the global economy billions annually, and South Africa has not been immune to this issue. In fact, in 2024 alone, South Africa’s insurance industry lost an estimated R8 billion due to fraudulent claims, according to the South African Insurance Crime Bureau (SAICB). Understanding the red flags associated with insurance fraud, and staying […]

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