Fraudulent claims have been growing within
the insurance sector despite strategies innovated every
day as internal mechanisms to control. Surprisingly,
automated internal control and services provisions
attributed to the increase of fraudulent claims rather than
serving the purpose. Some scholars argue that the lack of
a code of ethics and professionalism has greatly
contributed to an increase in fraudulent claims in the
insurance sector. This is an important argument in which
this paper attempts to explore fraudulent claims with a
view of addressing the challenge and provide an ethical
measure for the development of the insurance sector in
Tanzania. Also, this paper evaluates efforts that have been
done by the Tanzania Insurance Regulatory Authority
(TIRA) in a war against frauds and other malpractice in
Tanzania's insurance industry.
Keywords : Fraudulent, Ethics, Professionalism, Insurance.