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Fraud: Don't Get Fooled Again


News provided by

Insurance Bureau of Canada

Feb 23, 2015, 16:18 ET

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The Insurance Institute and IBC launch new anti-fraud seminar series

TORONTO, Feb. 23, 2015 /CNW/ - Insurance Bureau of Canada (IBC) and The Insurance Institute of Canada are launching a country-wide seminar series to increase awareness and knowledge about insurance fraud.

"Insurance fraud is a big business that siphons resources away from our health care system, ties up emergency services and our courts while driving up insurance costs," said Kathy Metzger, Outreach and Education Coordinator, IBC. "We are pleased to join forces with The Insurance Institute to help raise awareness about fraud and provide information on how to detect, prevent and report it."

This partnership leads up to Fraud Prevention Month, which takes place every year in Canada during the month of March.

"The Insurance Institute of Canada is well-known in the property and casualty insurance industry for its role in education and professional development, including the national delivery of seminars and webinars on a wide variety of topics of direct relevance to insurance professionals," said Peter Hohman, MBA, FCIP, ICD.D, president and CEO of the Insurance Institute of Canada. "Insurance fraud is one of several issues affecting our industry, and the Institute is pleased to work with IBC and to provide our expertise in delivering educational seminars to raise awareness about a topic that is of immediate concern to our members."

The anti-fraud seminar series will be held during Canada's Fraud Prevention Month, March, in the following cities:

  • Halifax – March 5
  • Toronto – March 10 and 26
  • Vancouver – March 16 and 17
  • Edmonton – March 18
  • Calgary – March 20

To learn more about and register for a seminar on insurance fraud, click here.

About the Insurance Institute of Canada
The Insurance Institute of Canada is the premier source of professional education and career development for the country's property and casualty insurance industry. Established in 1899, the Institute is a not-for-profit organization serving more than 39,000 members across Canada through 19 volunteer-driven provincial Institutes and chapters. The Institute has about 20,000 active students in its formal programs, including its Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designation programs. The Institute is also the parent organization of the Chartered Insurance Professionals' Society, which serves the needs of more than 17,000 graduate CIPs and FCIPs.

For more information, go to www.insuranceinstitute.ca, or call toll-free at 1-866-362-8585.
Follow our local institutes on Twitter www.insuranceinstitute.ca/socialmedia and our
national LinkedIn page https://www.linkedin.com/company/insurance-institute.

About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.

P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 118,000 Canadians, pays $6.7 billion in taxes and has a total premium base of $48 billion.  

For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau and @IBC_Ontario or like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2-ASK-IBC.

If you require more information, IBC spokespeople are available to discuss the details in this media release.

SOURCE Insurance Bureau of Canada

Related Links

http://www.ibc.ca

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