Insurance gets informed in whitewash (5,2)
I believe the answer is:
cover up
'whitewash' is the definition.
(synonyms)
'insurance gets informed' is the wordplay.
'insurance' becomes 'cover' (I've seen this before).
'gets' says to put letters next to each other.
'informed' becomes 'up' (being up on a topic means being informed about it).
'cover'+'up'='COVER-UP'
'in' is the link.
(Other definitions for cover up that I've seen before include "Withhold information" , "Conceal" , "whitewash" , "Attempt at concealment" , "cost of insurance has risen" .)