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Telephone number 0844 409 8780

Successfully negotiating claims since 1867

Successfully negotiating claims since 1867

MoJ Jackson Reforms Summary

The Jackson Review of civil litigation relating to low value injury claims came into force in April. Intended to bring better balance to the system the reforms represent a step change to the personal injuries legal framework. We have produced a summary of the changes that will have the biggest impact on your clients.

The aims of the reforms are to bring more balance to the civil litigation system by:

  • Addressing the growing compensation culture
  • Creating an environment where claims costs savings will feed into lower premiums
  • Delivering lawyers costs that are more proportionate

The changes that will be more apparent to consumers are:

After the Event legal expense premiums will not be recoverable

After the Event insurance was the preferred method by which no-win no-fee solicitors were able to offer these services. It was used to underwrite their costs should the litigation they undertook on behalf of a consumer fail. Consumers are likely to see fewer firms offering no-win no-fee services – indeed many have already exited the market.

Banning referral fees

The payment of referral fees was endemic before the changes. In the new environment referral fees will no longer be legal.

Limits have also been placed on claims quantum, particularly with regard to injuries such as whiplash.

How will these changes affect your clients?

The most important change for claimants is the requirement that they provide fast and accurate claims notifications, including:

  • Immediate notification of claims or intention to claim
  • Immediate and on-going assistance with liability investigations
  • A need to provide accurate and complete information
  • Production of documentation within shorter timescales

Summary

The key objective of these reforms is to speed up claims settlements and reduce stress for the claimant. In the longer term all insurance buyers should benefit from reduced fraud and extraneous legal fees savings feed through to more competitive insurance premiums.

 

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MoJ Jackson Reforms Summary

The Jackson Review of civil litigation relating to low value injury claims came into force in April. Intended to bring better balance to the system the reforms represent a step change to the personal injuries legal framework. We have produced a summary of the changes that will have the biggest impact on your clients.

The aims of the reforms are to bring more balance to the civil litigation system by:

  • Addressing the growing compensation culture
  • Creating an environment where claims costs savings will feed into lower premiums
  • Delivering lawyers costs that are more proportionate

The changes that will be more apparent to consumers are:

After the Event legal expense premiums will not be recoverable

After the Event insurance was the preferred method by which no-win no-fee solicitors were able to offer these services. It was used to underwrite their costs should the litigation they undertook on behalf of a consumer fail. Consumers are likely to see fewer firms offering no-win no-fee services – indeed many have already exited the market.

Banning referral fees

The payment of referral fees was endemic before the changes. In the new environment referral fees will no longer be legal.

Limits have also been placed on claims quantum, particularly with regard to injuries such as whiplash.

How will these changes affect your clients?

The most important change for claimants is the requirement that they provide fast and accurate claims notifications, including:

  • Immediate notification of claims or intention to claim
  • Immediate and on-going assistance with liability investigations
  • A need to provide accurate and complete information
  • Production of documentation within shorter timescales

Summary

The key objective of these reforms is to speed up claims settlements and reduce stress for the claimant. In the longer term all insurance buyers should benefit from reduced fraud and extraneous legal fees savings feed through to more competitive insurance premiums.

 

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInPrint this page

MoJ Jackson Reforms Summary

The Jackson Review of civil litigation relating to low value injury claims came into force in April. Intended to bring better balance to the system the reforms represent a step change to the personal injuries legal framework. We have produced a summary of the changes that will have the biggest impact on your clients.

The aims of the reforms are to bring more balance to the civil litigation system by:

  • Addressing the growing compensation culture
  • Creating an environment where claims costs savings will feed into lower premiums
  • Delivering lawyers costs that are more proportionate

The changes that will be more apparent to consumers are:

After the Event legal expense premiums will not be recoverable

After the Event insurance was the preferred method by which no-win no-fee solicitors were able to offer these services. It was used to underwrite their costs should the litigation they undertook on behalf of a consumer fail. Consumers are likely to see fewer firms offering no-win no-fee services – indeed many have already exited the market.

Banning referral fees

The payment of referral fees was endemic before the changes. In the new environment referral fees will no longer be legal.

Limits have also been placed on claims quantum, particularly with regard to injuries such as whiplash.

How will these changes affect your clients?

The most important change for claimants is the requirement that they provide fast and accurate claims notifications, including:

  • Immediate notification of claims or intention to claim
  • Immediate and on-going assistance with liability investigations
  • A need to provide accurate and complete information
  • Production of documentation within shorter timescales

Summary

The key objective of these reforms is to speed up claims settlements and reduce stress for the claimant. In the longer term all insurance buyers should benefit from reduced fraud and extraneous legal fees savings feed through to more competitive insurance premiums.

 

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInPrint this page

Thompson & Bryan (UK) Ltd

144-146 East Barnet Road, New Barnet EN4 8RD

Registered office: Churchill House, 120 Bunns Lane, Mill Hill, London NW7 2AS. Registered in England Number 0848

Design:  Good Impressions   |   Content:  We Do The Words

Thompson & Bryan (UK) Ltd

144-146 East Barnet Road,
New Barnet EN4 8RD

Registered office: Churchill House, 120 Bunns Lane, Mill Hill, London NW7 2AS. Registered in England Number 0848

Design:  Good Impressions          Content:  We Do The Words

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