Exposed fraud claims worth £1.3bn

%VIRTUAL-SkimlinksPromo%Insurers exposed a record £1.3 billion worth of fraudulent claims last year as the industry stepped up the war on cheats.

The latest total, released by the Association of British Insurers (ABI), marks an 18% rise in value on 2012 and equates to £3.5 million worth of insurance frauds being uncovered every day.