Fraud Reporting Service (Frs) Tender, Canada - 128173521

Procurement Summary

Country: Canada

Summary: Fraud Reporting Service (Frs)

Deadline: 28 Nov 2025

Other Information

Notice Type: Tender

TOT Ref.No.: 128173521

Document Ref. No.: FSRA2025-014

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

Purchaser's Detail

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Tender Details

FRSA is initiating Phase 1 of the Fraud Reporting Service (FRS).Auto insurance fraud is often cited as a major concern by consumers and stakeholders, but there is currently a gap in reporting of information related to fraud that makes it difficult to define the problem and create accountability for solving it. To bridge this gap, FSRA is implementing the FRS. The overall objective of the FRS is to improve the use of data in the auto insurance industry-s fraud management activities by requiring, by statute, insurers to report automobile insurance fraud information to Vendor FSRA, through the Vendor acting as FSRA-s designated agent under the Insurance Act. The FRS will collect data from insurers on a quarterly basis, or as otherwise determined, to quantify the prevalence of automobile insurance fraud in Ontario, create a baseline for fraud detection, and identify trends throughout the automobile insurance industry. The FRS aims to reduce consumer harm, including unnecessary costs borne by consumers, as a result of automobile insurance fraud.
Solicitation Type : RFP - Request for Proposal (Formal) Reference Number : 0000304814 Location : Canada, Ontario Description : FRSA is initiating Phase 1 of the Fraud Reporting Service (FRS).Auto insurance fraud is often cited as a major concern by consumers and stakeholders, but there is currently a gap in reporting of information related to fraud that makes it difficult to define the problem and create accountability for solving it. To bridge this gap, FSRA is implementing the FRS. The overall objective of the FRS is to improve the use of data in the auto insurance industry’s fraud management activities by requiring, by statute, insurers to report automobile insurance fraud information to Vendor FSRA, through the Vendor acting as FSRA’s designated agent under the Insurance Act. The FRS will collect data from insurers on a quarterly basis, or as otherwise determined, to quantify the prevalence of automobile insurance fraud in Ontario, create a baseline for fraud detection, and identify trends throughout the automobile insurance industry. The FRS aims to reduce consumer harm, including unnecessary costs borne by consumers, as a result of automobile insurance fraud.

Documents

 Tender Notice