Personal injury and accident claims are a booming industry almost everywhere in the world, but, as the third largest insurance market in the world, the UK definitely stands out through the increasing number of cases reported in the past 15 years. Personal injury covers multiple accidents, including slip and fall or work accidents, but road traffic injuries are the most common reason why people seek legal advice.
In 2017, the UK personal injury market was valued at £250m and road accident claims cover a whopping 75%, overtaking disease-related conditions, which are now less common.
Frenkel Topping (LON:FEN) provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.