At this point in time, The Insurance Crime Bureau together with our eleven member companies, in partnership with the SAPS, is engaged with yet another pound clean up operation. The Operation began on the 6 February 2012 and is currently underway involving the identification of approximately 2 200 vehicles. To date, we have worked through 343 files whilst checking (original, false, etched, changed) 291 vehicles, and capturing a total of 559 vehicles. Of this total, 88 vehicles have been identified as belonging to The Insurance Crime Bureau member companies.

Further updates will be forthcoming in subsequent editions. In the interim, The Insurance Crime Bureau has identified the following case studies that we believe may be of interest to our industry readers:

Insured Vehicle Findings 

1st Case Study:

A Black POLO was stolen on 20 February 2012, belonging to a client of Regent Insurance. The elated client was contacted and informed of the recovery of his vehicle on 21 February 2012. On February 23, the client was once again contacted to confirm that he may uplift his vehicle. The Insurance Crime Bureau ensured that he had the correct documentation with him and with the assistance of the SAPS and Regent Insurance, the vehicle was released on the 23 February 2012 at 12:00pm. 

Thus, within 3 days from date of theft, the stolen/recovered vehicle was returned to its rightful owner. 

A saving of R117 000.00 was achieved for Regent Insurance company. 

2nd Case Study: 

Over the weekend of 25-26 February 2012, a Silver Audi A3 1.8 entered the Van Rhyn Deep Pound. 

The Audi was reported stolen on 25 February 2012 by the owner of the vehicle, and on Monday 27 February, with the assistance of the intervention team, the Audi was uplifted and handed to the rightful owner. 

Once again, a solid saving of R240 200.00 was achieved for Regent Insurance Company. 

Incidents relating to the sequence of events in both case studies all occurred prior to a submission of claim to Regent Insurance Company.

Non-insured Vehicle Findings

Many non-insured vehicles were provided back to their lawful owners since the start of the Van Rhyn Deep Project. 

At this stage, 105 vehicles were identified and uplifted by the non-insured vehicle owners group. 

Many of these owners had no other form of transport and they were relieved to learn that their vehicles were recovered. 

With the assistance of The Insurance Crime Bureau, The Insurance Crime Bureau member companies and the SAPS, we were able to make a huge difference in a short space of time. 

A certain, elderly gentleman, could not have been more pleased when he was contacted to come in and identify his old gold Mercedes Benz. 

The vehicle was in the pound over a long period of time and the car was original when investigated. Many similar scenarios occurred throughout the project. 

The Insurance Crime Bureau, The Insurance Crime Bureau member companies and the SAPS could not be more pleased that we could once again work together as a team and make a positive difference throughout the entire project.