Saturday, December 20, 2014

Leading the Fight Against Insurance Crimes

The South African Insurance Crime Bureau (SAICB) is a non-profit company dedicated to fighting organised insurance crimes and fraud. Since our inception in 2008, the SAICB has made a significant impact on both the short-term insurance industry and society as a whole. We do this by bringing together the collective resources of insurance companies, law enforcement agencies and other stakeholders to facilitate the detection, prevention and mitigation of insurance crimes as well as assist in the prosecution of repeat offenders and fraudsters through ongoing insurance fraud investigation.

Over the years, various initiatives have been implemented by the SAICB to address organised crime in the industry as well as a number of educational efforts aimed at the public to create awareness of insurance fraud scams. This allows our members to benefit from collaborative capabilities driven by data sharing, which is fundamental to identify and curb cross carrier or syndicated fraud.

Investigating insurance fraud involves a collaborative effort between the SAICB, insurance companies and their internal insurance fraud investigation units as the nodal point for crime being committed across the industry, and affecting multiple companies - with the cooperation of the SAPS. The ultimate goal of the SAICB therefore, is to create a joint initiative for the whole insurance industry and other related stakeholders to address crime and fraud through the sharing of information.

Furthermore, the SAICB also provides a platform for the public to safely and anonymously report fraudulent activities or suspected insurance crimes through the toll-free Insurance Fraudline.

Latest News

Project Loskop Search & Seizure Operation

On 27 February 2014, a search and seizure operation was conducted at the offices of Statusfin brokers in Groblersdal by the South African Police National Investigation Unit, DPCI Polokwane, the SAICB and Santam.

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Season’s Greetings

As we reach the end of a very eventful year, we would like to take this opportunity to thank you for your continued partnership and support.

The end of a year is a good time to look back, reflecting on achievements, and to look forward, to see what we still need to accomplish. The SAICB has achieved several significant milestones, including the acquisition of the powerful SAS Fraud Framework, which has allowed us to make use of robust analytics to better identify and detect fraud across many organisations but more importantly, to predict fraud before substantial fraud losses are incurred.

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Connect with SAICB

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Make a Difference. Report Fraud

If you suspect insurance fraud, you can report it safely, easily and anonymously on the
toll free insurance fraudline.

Case History

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Project Loskop Search & Seizure Oper…

February 2014 Case History On 27 February 2014, a search and seizure operation was conducted at the offices of Statusfin brokers... Read more

Insurance Fraud Case Update: Speed | SAI…

June 2013 Case History In this case, a wreck of a luxury vehicle was bought by an individual (let’s call him... Read more

Vehicle Finance Fraud Update: Wildfire |…

June 2013 Case History A syndicate of 7 members has been identified in the Durban area and is under investigation for... Read more

10 September 2012 - SAP/SAICB Co-operati…

September 2012 Case History In recent developments and further to earlier arrests in September 2011 of a fraud syndicate, the main... Read more

Client Testimonials

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MiWay

“MiWay regard the SAICB as a critical part of our strategy in the detection and combatting of organised crime, and... Read more

Lion of Africa

“Lion of Africa is one of the proud founding members of the SAICB and has seen it grow in membership... Read more

Santam

“Commercial crime has risen to its highest level in the past eight years. According to the 2011 South African Police... Read more

Report Fraud

Connect with Us

Telephone Number:
+27 11 021 1432/3/4/5

Fax Number:
+27 86 631 7796

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Postal Address: PO Box 2522, Halfway House, 1685

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