cost efficient investigation
DCS understand the importance
of accurate cost projections for budgeting purposes
and have therefore established a flexible charging
structure to suit the client’s needs.
Accurate claims costs are also
essential. We therefore closely monitor any
professionals instructed to assist in the investigation
process. Over the years we have developed relationships
with the majority of leading advisors within
the insurance industry and have created a specialist
panel of solicitors and adjusters in order to
ensure the most suitable firm is used at the
most competitive cost.
We are extremely flexible in our
pricing structure and will tailor our cost to
the individual clients’ requirements.
Our most common pricing structure is based on
a cost per claim, as this enables our clients
to accurately project the likely claims costs
at any time, giving more certainty when finalising
budgets. Our cost per claim is for full “cradle
to grave” handling of a notification from
first advice to conclusion and is triggered
by the initial notification.
We recognise that some accounts
may be more “circumstance intensive”
and also therefore have the ability to structure
the individual claim cost on certain accounts.
Alternative charging methods
we use are single payment retainers based on
projected claim numbers (which can be adjusted
annually to reflect actual claim numbers), or
an hourly rate, which we sub-divide into 10-minute
units for greater accuracy of charging.
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