Combating Insurance Abuses: A Comparative Analysis between Turkey and United Kingdom

Insurance fraud may be defined as intentional deceit of an insurance company by a beneficiary with goal of earning financial gains before or after issuing of the policy. It may occur in many types. One of the insurance fraud types is self-cutting of the insured for insurance claim. However it sounds unbelievable, it is a fact which is getting more prevalent day by day. In this study it is aimed to provide an overview of the type, scale and impact of insurance fraud in Turkey, and particularly self-cutting for the insurance claim over a case study. Insurance fraud has an impact not only on insurers but also on the insureds. Therefore reducing and deterring the insurance fraud is significant, and it is also aimed to offer the actions to reduce insurance fraud in this study. Insurance fraud has an impact not only on insurance companies but also on the insured. Therefore reducing and deterring the insurance is significant. In this study it is aimed to provide an overview of the type, scale and impact of insurance abuses in Turkey and the UK. It is also aimed to specify the measures and the institutions on fighting against insurance abuse in Turkey and in the UK as well.