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United Kingdom Medico-Legal and Insurance Services Market Trends Report 2019 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “UK
Medico-Legal and Insurance Services 2019 Market Trends Report”

report has been added to ResearchAndMarkets.com’s
offering.

The UK Medico-Legal and Insurance Services Market Trends Report is the
third edition of an annual Legal Market Report from the author. It
provides an overview of the UK market for firms that provide medical
expertise (ME) and rehabilitation and allied medical services (RAMS) to
the legal and insurance sectors.

Current Trends

The medico-legal and insurance services market (MLIS) is estimated to
generate around 760 million in gross revenue for ME and RAMS firms that
operate in the market. While the market has continued to grow in recent
years, the rate of annual increase is slowing. Competition for market
share is intensifying as is the competition for medical expertise and
medical skills. In this environment, some of the smaller players have
been forced out of the market, forced to merge or been taken over by
larger rivals. At the same time, some of the established mid and low-end
market players have sought to move up market into the higher margined
catastrophic injury sector.

Future Trends

While the author still expects that the mid and upper segments of the
market will grow over the coming years, the prospects for the low-end of
the market (i.e. soft tissue, whiplash type injuries from road traffic
accidents) looks poor. New legislative changes from April 2020, are
likely to make a severe dent on this sector of the market, which will
call into question the long-term viability of RTA-focused operators and
some of the smaller MedCo medical reporting organisations.

Key Topics Covered:

1. Executive Summary

  • A fragmented market still
  • A market valued at over 750 million
  • A market whose services are highly valued
  • But one where pressures are building
  • The nature of the work changes
  • Recent new legislation fundamentally reforms the low end of the market
  • And soon to be operational future legislation will change it more
  • With the result that the future will be uncertain for some MLIS
    providers

2. Introduction

  • Definition
  • Medical Evidence (ME)
  • Rehabilitation and allied medical services (RAMS)
  • Abbreviations

3. Market Structure

  • Three client groups
  • A wide diversity of MLIS companies
  • The Rehabilitation Code

4. Market Developments and Drivers

  • RAMs pay dividends for all involved parties
  • Growing competition for skill
  • And rising competition more generally
  • More RTAs requiring serious injury MLIS services
  • And fewer workplace injuries needed MLIS services
  • But still a significant number of high value clinical negligence cases
  • Civil personal injury claims the key driver of activity
  • New legislation fundamentally reforms the low end of the market
  • With more changes possible soon
  • Expert witnesses primarily act as report writers
  • Greater pressure on expert witnesses
  • With the pressure increasing after changes to the Civil Procedure Rules
  • And GDPR rules

5. The Key Players

  • 48 MROs
  • Bush & Co probably the largest case management provider
  • Active Assistance
  • AIG Europe Ltd/AIG Medical Management Services
  • AMG Consultancy Services Ltd
  • Ascenti Group
  • Bodycare Clinics Ltd/Doctors Chambers (UK) Ltd
  • Broadspire Rehabilitation
  • Bush & Company Rehabilitation
  • CL MediCall Aid Ltd
  • Exam Works UK (Premex)
  • FL360 companies
  • Health & Case Management Ltd (HCML)
  • Independent Living Solutions Limited
  • IPRS Group/IPRS Health
  • Injury-QED Ltd (I-QED)
  • MAPS Medical Reporting, formally Medical and Professional Services Ltd
  • On Medical Ltd
  • Premier Medical
  • Proclaim Care Ltd
  • SK Medical Practice
  • Slater & Gordon Solutions
  • Unite Professionals Ltd
  • Vita Health Group/RehabWorks Ltd
  • Descriptions of 50 other providers

6. Market Size and Trends

  • The potential market stabilises
  • Market growth slows in 2018
  • Initial MedCo reports generate almost 85 million in revenue in 2018
  • The catastrophic injury market – a niche sector but a growing one

7. The Future

  • Government reforms: A Curate’s Egg
  • Online court could also encourage more litigants in person
  • Fixed recoverable cost proposals could also cut the number of higher
    value cases
  • Increased efficiency will become a key competitive goal
  • Will E-working remove court appearances for Expert Witnesses?
  • Could AI undermine the need for expert witnesses?
  • Will rehabilitation services go virtual?
  • Continued new opportunities in the occupational health sector

8. Associations

Companies Mentioned

  • 10Bridge Medical
  • Affinity Medical Services Ltd
  • Alpha Medical Consultancy Limited
  • AML Reporting Ltd
  • Blackrock Medical Reporting Ltd
  • Bodycare Clinics Ltd
  • Chartwell Medical
  • Citimedical Limited
  • CL Medicall Aid Ltd
  • Connexus Medical Appointments Ltd
  • Doctors Chambers (UK) Ltd
  • Elite Medical Appointments
  • Excell Medical Reporting
  • Hayes & Co Services Ltd
  • Index Medical
  • Indigo Medical Ltd
  • Injury QED Limited
  • Jupiter Medicals Limited
  • Lawyers Medical Agency
  • Medical Reports Ltd (MRL)
  • Medicals (uk) ltd
  • Medici Health Limited
  • Medreport Services Limited
  • ML Doctors Ltd
  • Mobile Doctors Limited
  • NRI Medical Limited
  • On Medical Ltd
  • Optimal Med Limited
  • Pegasus Medical
  • Premex Services Limited
  • Premier Medical
  • Quest Medico Legal Ltd
  • Quick Reporting
  • Rapid Medical Services (UK) Ltd
  • Red Med Reporting Limited
  • SK Medical Practice
  • Speed Medical Examination Services
  • Summerhill Medical Reporting ltd
  • Target Medical Solutions Ltd
  • TB Medical Reporting Limited
  • TLB Medicals
  • Tri Star Medicals Limited
  • UK Independent Medical
  • Ultima Medical
  • Vantage Medicals UK Ltd
  • Vertex Medical Solutions
  • Xpede Medical Ltd
  • You Medicals Limited

For more information about this report visit https://www.researchandmarkets.com/r/sd28qv

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
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