Arson and the Insured
“Arson and the Insured” was written by Paul May following his dissertation to London Guildhall University to achieve the Diploma in Advanced Insurance. It was subsequently awarded the runner-up prize in the CII’s 1992 Morgan Owen essay competition.
The paper aims to draw attention to the problems and difficulties that exist in:
- Identifying the precise cause of a fire
- Assessing whether or not the insured was responsible for the fire
- Quantifying the total cost of arson damage to insurers and the economy
- Detecting fraud by the insured
- Prosecuting fraudulent claimants
- Overcoming handicaps to the resolution process brought about by deficiencies at the underwriting stage.
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