This is the sixth edition of IRN Research’s Medico-Legal and Insurance Services report. As such, this report updates and expands on the information contained in the 2020 report. Medico-Legal and Insurance Services (MLIS) are a range of medical and medical-related services offered to legal services companies, insurers and possibly to employers. For this reason, MLIS companies are often staffed and run by doctors, nurses and physiotherapists. The range of services offered can be split into two broad categories:
- Medical evidence (ME)
- Rehabilitation and allied medical services (RAMS)
|Report Price||£200.00 (VAT 0%)|
The market for Medico-Legal and Insurance Services (MLIS) declined in 2021 by around 5%, on the back of a near 20% decline in 2020. The premium end of the market has recovered well from the pandemic but the lower end of the market was hit by the new whiplash reforms and the continued delays in handling lower value personal injury legal cases. Reflecting this, employment in the industry is also down in 2021 compared with 2019, despite the support the industry enjoyed from the Government’s furlough scheme.
Over 2020 and 2021, COVID-19 caused a significant decline in personal injury and CN case numbers. The overall number of cases fell by over 10% between 2020/21 to 2021/22, following on from a 32% decline in the previous year. The lower end of the market was especially hard hit in 2021, with the number of small track and fast track cases down by 17% in 2021. Reflecting this, the number of searches on the MedCo system resulting in a selection of a medical expert fell by almost 16% in 2021, after a 30% fall in 2020