Towergate Insurance

Towergate Insurance

May 18, 2011 09:27 ET

Towergate Insurance Fit 5,000 Cameras to Help Its Truck Insurance Clients Fight Fraud

LONDON, UNITED KINGDOM--(Marketwire - May 18, 2011) - Towergate Insurance has supplied 5,000 cameras to their truck insurance clients since December 2009, and as a result has been able to prove their client's innocence in a number of incidents, uncovering several suspected fraudulent claims in the process.

Insurance fraud has risen dramatically over the last three years and is estimated to cost the industry around £350 million pounds per year, adding £44 onto the average motor insurance premium across the UK*.

This evening's edition (Thursday, 18th May) of 'Tonight with Trevor McDonald', scheduled to air at 7.30pm on ITV1, focuses on the issue and features Larry Smith, Managing Director of Towergate Insurance in Telford, discussing the firm's successful approach.

With insurance fraud becoming such a problem, ITN were interested in how Towergate Insurance in Telford had responded by offering free forward facing accident recording cameras to clients with their insurance for trucks. The programme, entitled, 'The true cost of owning a car' discusses how escalating costs of fuel and insurance fraud are driving up the costs of insurance premiums for all motorists.

Larry Smith, Managing Director of Towergate Insurance in Telford said "After an incident, witness's statements will conflict. The cameras give us an accurate representation of what actually happened and help to determine liability fairly and quickly".

Towergate Insurance in Telford are inviting hauliers to contact them to obtain free forward facing accident camera's when they take out an insurance policy on 0844 891 1434.

* Insurance Fraud Bureau

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