Evaluating the low value Road Traffic Accident (RTA) process
A report comparing the data of personal injury claimant solicitor firms and defendant insurers in relation to the RTA claims process.
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This report compares the management information data of a small number of personal injury claimant solicitor firms and defendant insurers, before and after the implementation of the new low value Road Traffic Accident (RTA) claims process.
The findings suggest that the new RTA process may have led to an approximately 6% reduction in the level of damages claims settle for, a 3-4% fall in the average costs awarded to claimant’s solicitors, and a 5-7% rise in the speed of settlement. Also, around 50% of cases exited the RTA process, primarily at an early stage of the process.