Law firm Beachcroft wins contract to run off claims
Jubilee Insurance has appointed law firm Beachcroft to run off claims from its motor business.
In December 2010, Jubilee took the decision to outsource its motor claims business and after a review of the options for the run off of the motor account, the business was put out to tender.
All the staff affected by this decision have been informed and a process of consultation involving both Jubilee and Beachcroft has begun.
According to Beachcroft, both organisations are working together to find alternative employment opportunities for staff.
Beachcroft's Senior Partner, Simon Hodson said: "Our wide-ranging experience in the insurance market put us in a very strong position to tender for this work.
"Our proposition is designed to manage and minimise the overall indemnity spend for Jubilee from now until the final conclusion of all liabilities of the scheme.
"We will be working with Jubilee to ensure an efficient and effective transition stage and a focused resolution strategy to conclude and minimise the cost of current and future claims."
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