International legal business DWF was successful in winning the Fraud Prevention Initiative of the Year at the Insurance Times Claims Excellence Awards, in recognition of the firm's innovative approach to the application of telematics data to combat fraud.
DWF launched a telematics screening product which imports telematics data and analyses data into disclosable evidence. The firm has acted for clients in over 100 successful Court cases involving telematics data, including findings of Fundamental Dishonesty and organised fraud rings, and has set industry-first case precedents, include the first finding of fundamental dishonesty in an organised fraud case. The DWF team, spearheaded by Jamie Taylor, DWF Counter Fraud Director, and working with Paul Chandler, DWF Telematics Consultant, has worked with the biggest telematics providers in the market as well as leading insurers to optimise the performance of telematics data and collaborate on how telematics data can be used to save indemnity spend for clients.
Paul and Jamie have also advised key industry bodies and fraud organisations, include the City of London's Insurance Fraud Enforcement Department, which has worked with DWF to train its team to use telematics data effectively.
Jamie Taylor said: "This award is testament to the vision of our clients to embrace the new types of digital data that are now available to fight fraud and also to the leading expertise that DWF has developed over the last 5 years in deploying data such as telematics as powerful evidence. I am delighted that we have been able to assist our clients achieve many fantastic successes in this area and as new technologies and data types emerge in the industry, we are well placed to ensure our clients fully capitalise on the opportunities."
Lorraine Carolan, DWF National Head of Counter Fraud said: "It is fantastic that the hard work that Jamie, Paul and the team have put into the pursuit of using telematics data in defeating fraudulent claims has been recognised. Jamie Taylor has been the architect of DWF's telematics services and his vision is to use telematics data not only in the arena of fraud but across all areas of Insurance and Commercial Services to make a real difference to our clients".
Ollie Little, Head of City of London Police, IFED (Insurance Fraud Enforcement Department said "DWF's work in demystifying telematics is excellent. As new technologies come online in the fight against fraud it's vital that we can work collaboratively to understand how they can be used in the civil/criminal arena. These powerful tools are being used to support prosecutions now, in large part thanks to DWF".