Patrick Hayward (Altus Consultant & SOCP Advisory Board member) contributes to this recent SOCP article, with experts from both sides of the divide providing their thoughts on the impacts and challenges that lay ahead.
Once implemented, the personal injury reforms under the Part 1 of the Civil Liability Act 2018 will have a significant impact on motor insurers, law firms and the wider claimant sector.
There will be fundamental changes to how these claims are managed, with the increase to the Small Claims Track limit from £1,000 to £5,000, a tariff of set amounts for compensation, and claims channelled through the new MIB portal (“Official Injury Claim”).
Following publication, it has been confirmed that the reforms will be delayed until 1 August. This does provide the opportunity to address some of the uncertainties, but there are various moving parts involved, and this deadline may still be very hard to meet without compromising on the effectiveness of the changes.
