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Here is the the latest
compensation news in the UK.
The forthcoming injury claim reforms are being
embraced by some insurers. 17th September 2007
In a move which has surprised
many,
Allianz Cornhill the well
known insurer has decided to
take a lead regarding the
personal injury reforms which
are soon to be introduced by the
Ministry of Justice.
The
reforms are still going
through the consultation stage
but observers anticipate the
changes to take effect by spring
2008. The reforms will introduce
tough new guidelines and
protocols for both claimant and
defendant parties and most agree
that the end result should allow
for a slicker, more accessible
claims environment. Many
insurers, however, argue that
they will not be able to cope
with the very tight deadlines
and with backlogs for some
companies running at 2 to 3
months worth of correspondence,
it is easy to see why there are
fears within the industry.
The protocol changes will
impact greatly on the lower end
injury (Less than £15000
damages) cases such as
whiplash claims and minor
soft tissue injuries. Allianz
are taking an admirable lead and
rather than being negative about
the changes, they are seemingly
embracing them with a new team
being put together in Bristol to
help cope with the demand. Kevin
Howard, Allianz Insurance claims
investigation manager, said:
“The Ministry of Justice
proposals to radically improve
the process in fast-track cases
will reduce the time available
to investigate and make a
decision on liability for most
compensation claims. “There
are big opportunities for
companies who can meet the
challenges that the new process
will present.
We have therefore taken the
opportunity to review the remit,
resource and structure of our
claims investigation team. This
will help us to meet the
Ministry of Justice
requirements, control leakage
and reduce our outsourcing
levels and cost."
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