R&M Study on U.K. Identity Fraud

September 2, 2005

Dublin-based Research and Markets announced that they have added a study of U.K. Identity Fraud Insurance 2005 to their offering.

“With increasing media attention being devoted to the issue of identity theft and the advent of chip and pin, which is expected to increase the prevalence of this crime, it seems logical that the insurance industry has developed a policy that offers protection against this risk,” said the announcement. The report examines the growth potential in this market.

R&M said it “provides government statistics on the prevalence of identity fraud in the U.K. It examines the insurance product and its different guises and draws on U.S. statistics to highlight the costs victims have to bear in terms of money and time.”

The report notes that there were approximately 120,000 people in the UK who became victims of identity fraud in 2004, “a figure that has dramatically increased in recent years. The number of cases of identity theft increased by 37 per cent in 2003 and by 19 per cent in 2004.”

The report offers the following insights:
— Understand the scale of the identity fraud problem in the UK
— Identify who is offering this type of cover and how they are selling it
— Gain insight into the factors that are going to affect the future development of this market

Topics covered in the report include:
— Identity Fraud in Context
— The Insurance Product
— The Case Study: The US
— The Future Decoded

For more information consult: http://www.researchandmarkets.com/reports/c23548, or contact Research and Markets Laura Wood, Senior Manager at: press@researchandmarkets.com, or Fax: +353 1 4100 980

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