Aviva lifts the lid on younger particular person social media ghost broking epidemic – Insurance coverage Age

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Aviva lifts the lid on young person social media ghost broking epidemic - Insurance Age

One in three younger drivers have bought automobile insurance coverage from ghost brokers promoting invalid or faux insurance policies on social media platforms, in accordance with an Aviva survey.

The insurer polled 2,000 drivers aged 17-25 in October as a part of its investigation.

This got here as Aviva has detected 340,000 coverage purposes with fraud issues to date this 12 months – and has stopped or eliminated an additional 17,000 insurance policies as a consequence of fraud.

Moreover, the supplier has linked 7,000 circumstances this 12 months to open investigations into recognized ghost broking circumstances.

From the survey, of these younger drivers who bought automobile insurance coverage by way of social media, 89% had severe issues with their coverage, Aviva

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