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National Accident Helpline extends consumer champion role with acquisition of PPI Claimline
Thursday 10th February 2011
National Accident Helpline, the free
advisory service for people who have suffered an injury as a result
of an accident, has acquired PPI Claimline.
PPI Claimline is a claims management
company focused on the recovery of mis-sold payment protection
insurance (PPI).
Sam Porteous, chief executive officer of
National Accident Helpline, said: "Through this acquisition we are
extending our experience of championing consumers' access to
justice into the PPI world. There are many synergies between
National Accident Helpline and PPI Claimline. We both operate in
regulated environments and care about fighting for unrepresented
consumers."
James Kafton, managing director of PPI
Claimline, said: "National Accident Helpline's leadership will help
us to develop the business and their experience in helping victims
fight for justice fits with our way of working.
"Many people do not feel they have the
time or understanding to approach lenders and handle a PPI claim
process and forms themselves, nor do they necessarily understand
the details of how they were mis-sold. PPI has been mis-sold as
lenders have been selling single premium PPI, using pressure
tactics and selling to ineligible or inappropriate
people."
PPI Claimline processes claims against
lenders on behalf of clients to recover the premiums and interest
paid by the client for their mis-sold PPI. The company handles all
aspects of the claim using a process written and managed by an
experienced solicitor and does so on a no win no fee
basis.
Based in north London, the company has
been trading since June 2009 and, like National Accident Helpline,
is regulated by the Ministry of Justice.
The Financial Services Authority (FSA)
estimates that as much as £15 billion of PPI could have been
mis-sold. At the end of 2010 the FSA's estimate was that 886,000
complaints of PPI mis-selling had been made.
National Accident Helpline is the leading
marketing group for solicitors specialising in personal injury and
is responsible for the campaign championing consumers' rights to
justice through the website www.underdog.co.uk.
Ends
Notes to Editors
National Accident Helpline is the leading
marketing and legal services company for solicitors who specialise
in Personal Injury law and represents more than 100 legal practices
across the UK. If a consumer has had an accident which was someone
else's fault then we will put them in touch with a member firm, so
they can seek redress for the injury they have suffered. Through
our national solicitor network, we champion consumer rights for
people who have had accidents, helping those with genuine claims to
seek redress and gain access to justice to help aid their
recovery.
National Accident Helpline is authorised
by the Ministry of Justice in respect of regulated claims
management activities and is a registered company, incorporated in
the UK. For more information please visit the website:
www.underdog.co.uk.
For media enquiries please contact:
Matthew Rosser, National Accident Helpline -
matthew.rosser@nahl.co.uk, Tel. 01536
527500/07834 518603