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UK Identity Fraud Insurance 2005
Datamonitor, July 2005, Pages: 28
With increasing media attention being devoted to the issue of identity theft and the advent of chip and pin, which is expected to increase the prevalence of this crime, it seems logical that the insurance industry has developed a policy that offers protection against this risk. But what is the potential for growth in this market?
Scope
Provides government statistics on the prevalence of identity fraud in the UK
Examines the insurance product and its different guises
Draws on US statistics to highlight the costs victims have to bear in terms of money and time
Highlights
Approximately 120,000 people in the UK were victims of identity fraud in 2004, a figure that has dramatically increased in recent years. The number of cases of identity theft increased by 37 per cent in 2003 and by 19 per cent in 2004.
Reasons to Purchase
Understand the scale of the identity fraud problem in the UK
Identify who is offering this type of cover and how they are selling it
Gain insight into the factors that are going to affect the future development of this market
Customers who bought this item also bought
2009 Identity Fraud Survey Report: Identity Fraud on the Rise But Consumer Costs Plummet as Protections Increase
2007 Identity Fraud Survey Report: Identity Fraud Is Dropping, Continued Vigilance Necessary
2008 Identity Fraud Survey Report: Identity Fraud Continues to Decline, But Criminals More Effective at Using all Channels
2005 Identity Fraud Survey Report
2008 Identity Fraud Forecast: Fraud Techniques will Evolve in Tandem with Industry Defenses
Identity Fraud Protection Services: Double Digit Growth to Continue, Yet Confusion and Usability Issues Threaten Market Share
Profiling “Severely Injured” Identity Fraud Victims: Using Triage to Ease the Pain of Customers “At Risk”
Payment Card Fraud in Western Europe 2004
Data Breach Notifications: Victims Face Four Times Higher Risk of Fraud
2006 Identity Fraud Survey Report
UK Household Insurance 2006
2008 Identity Fraud Survey Report Excerpts for Card Issuers: Identity Fraud Continues to Decline, But Criminals More Effective at Using All Channels
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