The Jackson Reforms present a number of challenges to the claimant solicitor community, including reduced fees from small claims. The challenges have resulted in a greater need for both efficiency and growth opportunities in the personal injury legal environment.
PICAS® Plus has proven to be a robust solution in the post-Jackson environment by:
- helping streamline claim handling and increasing efficiency to achieve consistent outcomes without incurring unnecessary costs in the process
- reducing turnaround time by as much as seven days, with the overall time from submission to settlement plunging approximately 14 days — all without sacrificing accuracy
- providing the framework that claimant solicitors need to reduce life cycles and overhead without compromising client service and advocacy
- facilitating response time to claimant solicitors because of its ease of implementation
- requiring very few IT resources and communicating well with case management systems
- enabling more collaboration between solicitors and insurers without compromising the claimant’s position
Using PICAS Plus, solicitors can better serve their clients by reaching fair outcomes in a time-efficient manner.
Tom Johansmeyer
Tom Johansmeyer is Assistant Vice President – PCS Strategy and Development at ISO Claims Analytics, a division of Verisk – insurance solutions. He leads all client- and market-facing activities at PCS, including new market entry, new solution development, and reinsurance/ILS activity. Currently, Tom is spearheading initiatives in global terror, global energy and marine, and regional property-catastrophe loss aggregation. Previously, Tom held insurance industry roles at Guy Carpenter (where he launched the first corporate blog in the reinsurance sector) and Deloitte. He’s a veteran of the US Army, where he proudly pushed paper in a personnel position in the late 1990s.
Tagged with: Efficiency, International, ISO, Liability Navigator