Home   →   Midrand Business Directory   →   SAICB
GPS coordinates: lat: -26.005053 - lng: 28.126898


SAICB

Address:

Po Box 2522, Halfway House, 1685 Midrand

Telephone:
011 021 1432

Fax:
086 631 7796

Description
The South African Insurance Crime Bureau (SAICB) was officially launched in 2008 to address organised fraud and crime in the short term insurance industry. Since then, SAICB has established itself not only as a valuable tool in the fight against insurance fraud and related crimes, but has also brought the various agencies working in the broader fight against commercial crime closer together for the benefit of all.

Keywords
Short Term Insurance, Fraud Hotline, Insurance Fraud Investigations, Insurance Fraud, Insurance Fraud Report, Organized Crime, Organised Crime
Company description
LEADING THE FIGHT AGAINST INSURANCE FRAUD
The South African Insurance Crime Bureau (SAICB) was officially launched in 2008 to address organised fraud and crime in the short term insurance industry. Since then, SAICB has established itself not only as a valuable tool in the fight against insurance fraud and related crimes, but has also brought the various agencies working in the broader fight against commercial crime closer together for the benefit of all.
While the main focus of the SAICB is to address organised fraud and crime, the SAICB also investigates repeat offenders and fraudsters that target multiple insurance companies. Our aim is not to replace the internal fraud investigation units of the insurance companies but to specifically look at fraud and crime being committed across the industry, and affecting multiple companies, i.e. syndicated crime and fraud.
This cannot be done in isolation as the insurance industry shares clients, intermediaries, sometimes service providers, and indeed criminals with other sectors in the financial industry. These industries include the broker fraternity, the life insurance industry, the medical schemes industry, the banks, and others. In fact, the ultimate aim of the SAICB is to create a joint initiative for the whole financial services industry and other related stakeholders to address crime and fraud through the sharing of information.

Other Businesses: