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Liability
Claims are a fact of life. Quality, cost effective and quality claims handling is the key to managing their impact and your profitability.
Nathan Peacey likes to work pro-actively with his clients to provide commercial, cost effective and innovative solutions ensuring the best possible outcome in the shortest possible time. "The cheaper the settlement, the greater the profit," says Nathan who heads the Liability Team at lawyers Bond Pearce. "We understand that principle and we know that the last thing clients want from their liability solicitors is a meandering, dispassionate, academic treatise written at leisure. We are visible on the shop floor" says Nathan. "We investigate promptly. We report concisely and we settle quickly whilst fighting unmeritorious claims with vigour."
"We look from the outset to discover what more can be done to reduce the time it takes to resolve a claim, and in our experience the quicker a case can be resolved the better the chances of keeping costs proportionate".
"And we work in partnership with our clients to identify trends to improve risk management going forward. So it's a win win for the client."
An increasing number of clients testify that what marks the Bond Pearce team as exceptional is its commercial realism, including flexibility towards pricing.
One dynamic new entrant into the UK Insurance market said it chose Bond Pearce as its liability lawyers because of the team's determination to deal with the defence of claims in a pro-active and a commercial manner. "That means a minimum of fuss. We deal with their claims in an open, friendly, non-patronising and non-academic manner" Nathan says. "Those qualities have seen all our key client relationships flourish".
A senior figure at one client recently took up a new position at another major insurer. That individual's first act on starting her new job was to promptly hire Bond Pearce citing "their down to earth and transparent approach as well as their specialist technical ability."
Insurance claims are often paid because of the actions or omissions of third parties. In that event, insurers can be entitled to "stand in the shoes" of their insureds and seek the recovery of their outlay known as a subrogated claim.
Given that a successful subrogated claim adds to an insurer's bottom line, we have listened to our clients and designed a service product, SuRR+™ to address the problems and obstacles that have traditionally hindered the operation of subrogated claims in England and Wales. Insurance claims are often paid because of the actions or omissions of third parties.
