VISION
To be the fusion centre (multi-agency, multi-jurisdictional information-sharing organisation) and leading authority on fighting organised crime in the insurance and assurance industry
MISSION
The SAICB will achieve this through the consolidation of multiple data sources and the deployment of relevant and specialised skills together with the unique technology solutions, that will provide industry intelligence, promote collaboration, address prevention and detection, to obtain convictions and recovery.
DEFINITION: ORGANISED CRIME
"Organised insurance crime is when an individual or group commits fraud or crime against one or more insurance companies. This would include a habitual or multiple claimant using an "elaborate" scheme to defraud a single or multiple companies."
The SAICB will leverage existing shared data to detect organised fraud/crime across the industry and provide structured information to the member companies to address and investigate the information.