News this week that ATE Insurer Elite claims to have seen a copy of a letter from Sabre to a client recommending that they cancel their ATE Insurance in return for a 10% increase in damages.
Surely not evidence of an Insurer jeopardising a client’s position for their own benefit? Russ Smart of Elite points out that this would put the client in a worse negotiating position with the Insurer because they would no longer have cover against adverse costs – and all to save maybe £200 – £300? It’ll be interesting to see if they can draw any comment from the ABI out this kind of practice? Smells a bit like Insurers making a pre medical offer to clients on FNOL doesn’t it?
Personal Injury News