Carole Nash and New Law in ABS tie up
For most bikers ‘ABS’ might refer to antilock braking systems, but for Carole Nash – the UK’s number one motorbike insurance company – the term has come to mean something very different.
In legal and corporate terms, ABS stands for Alternative Business Structure, allowing non legal firms like Carole Nash to form partnerships with legal firms and enter into services such as Personal Injury Claims and Uninsured Loss Recovery. Carole Nash has chosen NewLaw as their partner for the joint service and this could herald a breakthrough in the way motorcycle insurance brokers apply their trade.
The venture could eventually strive into a number of potential personal litigation claims which will come as a huge relief for the biking community.
Most biking accident insurance claims are ‘non-fault’. Estimates suggest figures of 80% of bikers involved in accidents are not to blame. Bikers are always more at peril than regular drivers on the roads, they’re often side-swiped, shunted, cut up, and generally mistreated by a lot of careless car users. This obviously leads to personal injury claims and bikers seeking justice for any damage that may have been inflicted.
NewLaw is a modern personal injury specialist with offices throughout the country and they seem a natural partner for Carole Nash as they have already worked with the company and built a solid corporate relationship. NewLaw is one of the fastest growing legal companies in the UK and their team of motorcycle accident compensation specialists are accustomed to the dangers of driving a bike. They’ve seen a variety of claims for costs such as: medical bills, damage to biking gear, damage to equipment and loss of income, amongst a host of other things.
Carole Nash needs little introduction as a motorcycle insurance company, providing cover for around a quarter of the bikes in the UK. Their venture into becoming an alternative business structure highlights the constantly forward thinking nature of their business model with many modern insurance companies dabbling their feet in ABS tie-ins.
Carole Nash Legal Services will ultimately provide a much more accessible legal outlet for anyone who suffers an injury or a collision that wasn’t their fault. They also have the scruples to fight against fraudulent claims and encourage a level of transparency across the board.
It’s hard to make a case against how Carole Nash and NewLaw could be anything than a perfect fit. Carole Nash continues to be a leading light in the motorcycle insurance industry and Carole Nash Legal Services bears testament to this fact.
This was posted in Bdaily's Members' News section by Stephen Wright .
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