Service

By: Resq Claims  11-11-2011
Keywords: financial report, Motor Liability

WHAT SERVICES CAN WE RENDER?

We are in a position to take over the handling of all your new and outstanding (current) Motor Liability claims or to manage any part thereof.An initial assessment of all current files received will be done free of charge to determine the viability of proceeding with the recovery. The following factors will be taken into account in this process

  • Merits

  • Quantum

  • Date of Loss

  • Likelihood of success,taking into account factors like insurance and the financial position of the third party


Where it is determined that  it is not viable to proceed with the claim, we will suggest that the claim be abandoned. In this instance we will provide you with a report, detailing:

  • Reasons for not proceeding

  • The quantum involved 

If we are of the opinion that the chances of success are reasonable and it is viable to proceed, we will open a file in our offices and proceed with the recovery on behalf of the client. Monthly reports will be provided to the client, detailing the current status of these matters.Clients and brokers will in the near future be able to log in via the web and obtain the real time status of the claim. Depending on the level of access granted, clients will be able to view documents and notes.


(which is dealt with in more detail in monthly reporting)

MONTHLY REPORTING

1. Individual feedback on claims

  • Detailed status of all current claims

  • Progress on matters where legal action has been instituted / are being defended

  • Full reasons where recoveries have been abandoned

2. Financial Report

  • Will be on a per claim basis and will include quantum, amount recovered and fee (monthly)

  • Consolidated financial monthly report

  • Consolidated quarterly report, including success rate

Liability claims:


1 . Feedback on all claims

  • If an approach received and progress

  • Progress on all Litigation matters

2. Financial Report

  • Will be on a per claim basis and will include original amount claimed and settlement amount, plus our fee (monthly).

  • Quarterly financial report, indicating amounts paid, as well as savings amounts and percentages.

Keywords: financial report, Motor Liability

Contact Resq Claims

Email - none provided

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