
Colossal Credit Hire Costs Result in HF Saving £650k For Insurers
HF has seen four successes in quick succession holding credit hire companies to account and saving a huge amount of...
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Our Large and Complex Team will take on responsibility for any cases that also involve ANPR, indemnity issues, complex personal injury, complicated taxi claims and credit hire fraud.
KYO strategies play a key role in dealing with complex credit hire issues. To tailor our KYO strategies, we work with insurers to understand the individual issues impacting them and deliver the approaches that will help change behaviours. We believe knowledge-based strategies are imperative in driving down credit hire indemnity spend, enhancing an insurer’s reputation and reducing avoidable litigation.
Our proven track record of working with insurers to deliver market leading results on volume credit hire work led to us being selected to deal with pre litigation credit hire work for a major insurer, stepping into their shoes to deal with those cases from inception to settlement. During a two year period we successfully handled over 26,000 claims, achieving average hire savings of 22% vs the GTA rate and total hire savings of £5.7M.
We are a leading authority on taxi cases. Building on the success of A-line Taxis v Ward the courts have provided useful guidance to reduce the cost of taxi credit hire claims and restrict relevant cases to loss of profit (Hussain v EUI). As a result we have reduced the rate of avoidable litigation and overall indemnity spend for our clients when dealing with taxi credit hire cases.
For expert legal advice from real people in our specialist teams, get in touch – we look forward to hearing from you.
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