I had a meeting with our insurance broker and insurance loss adjuster regarding an accident at work, like normal the discussion about how corrupt the the industry is.
I found out yesterday that insurance companies sell polices to no win no fee solicitors to cover them if they lose a case, the policy covers their clients fees so they get paid regardless!!
Liability is even worse as at the minute there is no legal fee cap like there is for motor claims.
One of our brokers other clients had a liability claim against them and the legal fees from the other side were £22,000 and guess what they settled on?....£3,000 just shows that their legal fees bills are bollocks
The legal sector is making it worse they keep bringing the claims to the insurance companies which have to defend it even if it's bollocks, the no win no fee guys are scum of the earth