Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page

Shriram General wins court case in fraudulent motor claims case

by AIP Online Bureau | Mar 23, 2025 | Indian News, Non-Life | 1 comment

The case also exposed a nexus between a hospital, police officials, and lawyers to claim motor vehicle accident insurance money by submitting forged documents, fraudulent certificates and medicine bills, Shriram General Insurance Company said in a statement

New Delhi: Shriram General Insurance Company (SGIC) on Sunday said it has won a fraudulent motor claim case filed against it with the Madhya Pradesh High Court directing the state DGP to set up a Special Investigation Team (SIT) to probe a “nexus between doctors, lawyers and police officials in motor claims cases”.

The case also exposed a nexus between a hospital, police officials, and lawyers to claim motor vehicle accident insurance money by submitting forged documents, fraudulent certificates and medicine bills, Shriram General Insurance Company said in a statement.

The High Court, taking cognisance of discrepancies in the claim documents, ruled that the claim was fraudulent, and ruled in favour of Shriram General Insurance, it said.

The case pertains to claimant Rakesh Valtiya, who had sought compensation for injuries suffered in a road accident, the company said.

Commenting on the decision of the court, Shriram General Insurance Company Executive Director Ashwani Dhanawat said, “This reinforces our commitment to a robust claims management framework, which is focused on identifying and preventing fraud, while ensuring that our resources are directed towards those policyholders who genuinely require protection.”

This decision serves as an important reminder that both the legal and medical professions must work collaboratively to uphold the values of integrity, transparency, and public trust, he added.

1 Comment

  1. Ajaz Khan
    Ajaz Khan on March 24, 2025 at 5:47 am

    Insuring public and general public should know the funds with all the insurers are public money and the insurers are custodians. Any leakage or fraudulent payment to the claimants are intorrabble to all of us as vigilant civiliace.😊🤗

    Reply

Leave a Reply to Ajaz Khan Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Asia Index launches BSE Insurance Index
  • IRDAI board meet on July 14, likely to approve new licenses
  • Extreme Weather: Euro Zone could lose 5% of GDP, says ECB
  • UP govt sets July 31 deadline for kharif crop insurance; farmers must report damage within 72 hours
  • Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy