Insurance company uncovered record insurance fraud attempts last year

In Slovakia, insurance fraud is tolerated by society, claims Allianz-Slovenská Poisťovňa.

The highest number of insurance frauds are related to car accidents. The highest number of insurance frauds are related to car accidents. (Source: Sme)

When a client reported €0.5 million in damage of photovoltaic panels at a solar power station caused by a strong storm and hail, the insurance company checked the incident. It found out that the Slovak Hydrometeorological Institute (SHMÚ) had not recorded any storm in the location at that time and that the damage was caused by attrition during the operation of panels not covered by the insurance policy.

“Consequently we turned down the request for the payout,” said Jaroslava Zemanová, head of Allianz-Slovenská Poisťovňa’s department of control and special activities, as cited in the press release.

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