Claims Management Services

(asked on 30th July 2014) - View Source

Question to the Ministry of Justice:

To ask Her Majesty’s Government how many claims management companies were struck off in each year since 2005.


Answered by
Lord Faulks Portrait
Lord Faulks
This question was answered on 13th October 2014

The Department’s Claims Management Regulation Unit has taken a range of enforcement actions against claims management companies (CMCs) that have breached the conduct rules to which they are subject. These include statutory action to cancel a CMC’s authorisation. The table below shows the number of CMCs that have had their authorisation cancelled each year since 2007, alongside the number of CMCs that were authorised.

Year

Total no. of authorised CMCs

(at year end)

Authorisation cancelled

2007-08

1,740

1

2008-09

2,637

93

2009-10

3,122

35

2010-11

3,213

349

2011-12

3,007

260

2012-13

2,693

211

2013-14

2,097

198

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