23 February 2017
NAHL Group PLC
("NAHL" or the "Group")
Response to Press Comment
NAHL (AIM: NAH), the leading UK marketing and services business focused on the UK consumer legal market, notes the press comment reporting that the Ministry of Justice (MoJ) has proposed, as part of the Prisons and Courts Bill unveiled today, to increase the small claims limit for road traffic accident (RTA) claims to £5,000 and introduce a new small claims threshold of £2,000 for all other personal injury claims.
NAHL, through National Accident Helpline ("NAH"), the Group's PI division, has been fully supportive of the government's work in tackling insurance fraud via its involvement in the Insurance Fraud Task Force and whilst we remain focused on the potential impact on claimants, we welcome the increased clarity provided today.
As previously stated, enquiries generated by NAH are predominately non-RTA related, nevertheless a proportion of these do fall below the proposed £2,000 threshold and will require an alternative route to justice. We will examine the impact of the proposed changes with a view to ensuring all claimants have the necessary access to justice and will provide a further update prior to the Group's preliminary results scheduled for 21st March.
For further information please call:
NAHL Group plc Russell Atkinson (CEO) Steve Dolton (CFO) |
via FTI Consulting Tel: +44 (0) 20 3727 1000 |
Investec Bank plc (NOMAD & Broker) Garry Levin David Flin James Ireland David Anderson William Godfrey |
Tel: +44 (0) 20 7597 5970 |
FTI Consulting (Financial PR) Oliver Winters Alex Beagley James Styles |
Tel: +44 (0) 20 3727 1000 |
Notes to Editors
NAHL Group
NAHL Group plc is a leading UK consumer marketing business focused on the UK legal services market. The Group comprises three companies: National Accident Helpline (NAH), Fitzalan Partners (Fitzalan) and Bush & Company Rehabilitation (Bush). NAH provides outsourced marketing services in the personal injury market, Fitzalan, which includes Searches UK a leading conveyancing search provider, provides marketing services in the property market and Bush provides a range of specialist services in the catastrophic injury market.
More information is available at www.nahlgroupplc.co.uk and www.national-accident-helpline.co.uk.
