Hologram plan to beat forged cover notes
Sunday 14 May 1995
Forged cover notes account for the bulk of motor insurance fraud, which costs the industry and ultimately law-abiding motorists £200m a year, according to the Association of British Insurers, and adds about £14 a year to the cost of insurance for the average driver.
GAN Insurance, formerly National Motor, Malvern and Minster Insurance, now plans to produce cover notes incorporating a number of safety features, including a hologram of the company logo, an ultra-violet light-sensitive image of the logo, a background print in blue security ink, a personalised agency reference for the broker, an expiry date, and a warning message to help police and Post Office counter clerks check the features and identify forged or photocopied cover notes.
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