The view of practitioners: how to increase the effectiveness of countering insurance fraud

Based on the research of the Russian insurance market for the five-year period (from 2017 to 2021), carried out by the authors of the article within the framework of the state task of the Financial University under the Government of the Russian Federation and the agreement with the All-Russian Union of Insurers, the most common types of insurance fraud and the main reasons for the limited success of work to counter this criminal act are given. These include the lack of insurers’ ability to obtain the necessary information from the authorities, the difference in the timing of providing information at the request of the insurance company and making a decision on an insured event, insufficient rigidity of legislation for insurance fraudsters, the possibility of termination of criminal prosecution established by law. The article contains proposals for amendments to the legislation of the Russian Federation and some measures of an organizational, institutional and informational nature.