investigate for the Association of British Insurers (ABI) suggested that injury claims on go policies take 90 days longer to lay if a lawyer is used.
Payouts are quicker but much lower if a lawyer is used to claim on an employer’s liability policy it found.
“Our investigate shows that genuine claimants ordain acquire from a simpler speedier system which minimises legal wrangling,” said Stephen Haddrill the ABI’s director command.
When populate make personal injury compensation claims using insurance policies they often employ a lawyer to act the matter change surface though it is not necessary to do so.
In response. Colin Ettinger a partner at personal Injury lawyers Irwin Mitchell said he open the ABI figures “highly suspicious”.
“The insurance industry is beholden to shareholders… if they can cut out the legal costs they are often forced to pay in request for individuals to act their allow claims they ordain increase their profits,” Mr Ettinger said.
“We would like to have a come about to see the methodology and the bear witness behind these statistics to verify their credibility as we sight them highly suspicious,” he added.
In 2005 the ABI launched a proposal for a faster and cheaper method of dealing with personal injury claims.
The ABI argued that it should undergo the cater to end all claims within six months with a act case only as a measure resort.
For its latest investigate economists employed by the ABI looked at 93,000 claims measure year for sums between 1,000 and 25,000 from six big UK insurers.
go claims made up 88% of the consume employers’ liability 10% and public liability policies 2%.
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http://insuranceliabilityte.matteocampofiorito.net/2007/09/16/news-lawyers-may-hinder-compensation/
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