Shriram General Insurance Company (SGIC) has secured a legal victory in a case involving a fraudulent motor insurance claim, as per agency report. The company announced on Sunday that the Madhya Pradesh High Court has directed the state's Director General of Police (DGP) to form a Special Investigation Team (SIT) to investigate alleged collusion among doctors, lawyers, and police officials in motor insurance claim frauds.
The case brought to light a network involving hospitals, police personnel, and legal professionals who were found to be submitting forged documents, fake medical certificates, and fabricated drug bills to falsely claim compensation under motor accident insurance policies.
The case specifically pertained to a claimant named Rakesh Waltia, who had sought compensation for injuries allegedly sustained in a road accident. Upon investigation, the claim was found to be fraudulent.
Responding to the court’s decision, Ashwini Dhanawat, Executive Director of Shriram General Insurance, stated that the ruling reflects the company’s robust claims management system, which ensures that resources are directed toward genuine policyholders who truly require financial protection. The company sees this as a significant step toward curbing insurance fraud and maintaining the integrity of the claims process.
