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CONCLUSION
In conclusion, extortion proceeds to be a squeezing issue within the industry

with fraudsters utilising advanced strategies and leveraging rising patterns to

misdirect safeguards. By remaining watchful and embracing progressed
extortion discovery measures, companies can better secure themselves and their

policyholders from falling casualty to false exercises. Through proactive
measures, improved analytics, and a collective commitment to combat

extortion, the protection industry can moderate the effect of client protection
fakes and defend the interface of policyholders and partners. The fight against

extortion is progressing and complex, with both fraudsters and the protections
industry ceaselessly creating unused strategies and countermeasures.

(IMAGE: INSURANCE FRAUD)

REFERENCES

1. Brown, A. (2020). Emerging Trends in Insurance Fraud. Journal of
Insurance Fraud Detection, 15(2), 45-58.

2. Jones, B. (2019). Fake Insurance Policies: A Growing Concern for Insurers.
Insurance Journal, 25(4), 112-125.

3. Smith, C., et al. (2018). Exaggeration of Losses in Insurance Fraud Cases.

Journal of Risk Management, 10(3), 76-89.

VERITAS VOLUME: 3, ISSUE: 2 WRITER: MERIEN ABRAHAM