False insurance claims threaten PSV
17 June 2013, 16:12
Nairobi - Fraudsters in the PSV industry are swindling insurance companies of millions of shillings through fictitious claims, The Standard reports.
Industry stakeholders have warned of a rise in the number of impostors seeking compensation from insurance companies, adding that if not tamed, the vice threatens the growth of the industry.
The leading companies that offer PSV underwriting include Direct Line, Invesco and Amaco Insurance Company, with several other firms providing the service selectively.
- For more visit The Standard
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