Insurer Sompo Japan failed to report systemic fraud at Bigmotor

Accounts of store manager's instructions were concealed from financial watchdog

20231010N bigmotor raided

Investigators about to enter a Bigmotor dealership in Tama, Tokyo, on Sept. 19. (Photo by Yuki Nakao)

TAKANOBU AIMATSU, Nikkei staff writer

TOKYO -- Sompo Japan Insurance hid the full scope of major used-car dealer Bigmotor's alleged fraudulent insurance claims by failing to report instances of potential systemic cheating to the authorities, according to an outside committee's report.

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