Roman Catholic Cathedral Liverpool

Liverpool Named Whiplash Capital of Britain

A professional finance body has named Liverpool the whiplash capital of Britain after figures showed 55 per cent of road accidents resulted in a third party claim in 2014.


The Institute and Faculty of Actuaries (IFoA), which is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries in the UK, has found some 55 per cent of road accidents in the city have resulted in a third party injury claim last year, compared with the national average of just over 30 per cent.


David Brown, co-author of the IFoA, said:


"CMCs currently make it much easier for claimants in cities like Liverpool to make claims as they assist individuals in making claims for items such as compensation and provide access to solicitors.


"We fully expect the Government review to consider how the rights of claimants stack up against the desire, for example, of Liverpool motorists for lower insurance premiums."


Despite a reduction of 5.1 per cent the previous year, as a result of new legislation cracking down on bogus cases, the IFoA said the rise could be due to the actions of claims management companies (CMCs), whose turnover increased by 30 per cent to £310 million in the year to March 2015.


If you've been involved in an accident and want to make a claim, contact our compensation solicitors on 0203 206 1134 for advice.


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