A view from the Portal
Figures from the claims portal executive dashboard show a drop off in the number of Claims Notification Forms for disease claims submitted in recent…
Figures from the Claims Portal executive dashboard show a drop off in the number of Claims Notification Forms (“CNFs”) for disease claims submitted into the Claims Portal in recent months. The latest figures available are to 31 March 2016. There were 1,228 CNFs submitted in February 2016 and 1,112 in March 2016 compared to 2,368 in February 2015 and 2,657 in March 2015. This represents a reduction of over 50%. Since its inception in July 2013 a total of 45,996 disease CNFs have been submitted into the Claims Portal.
The settlement rate remains relatively stable at nearly 4.4%. The value of general damages paid shows a downwards trend. The average figure for general damages agreed over the 12 months to July 2015 was £4,481 whereas the corresponding figure for the eight months to March 2016 was £3,896.
A total of 39,516 claims have left the Portal process since its inception. Just over 36% (14,336) left the process by reason of “liability timeout” (which is where a decision on liability is not made within the prescribed time). Other significant reasons for claims leaving the process are:
- Liability is not admitted or contributory negligence is alleged (approximately 8%)
- Further investigations are required (approximately 20%)
- Incomplete CNF (approximately 12%)
The reduction in disease claims submitted into the Portal is also reflected more widely across the disease market. Slater & Gordon have announced that that their UK business will be restructured into three principal divisions, including one for fast track personal injury claims and another for serious and specialised personal injury law. A scaling back of NIHL was also reported.