The Association of British Insurers has joined forces with the Confederation of British Industry and Citizens Advice to call for the government to introduce its proposals for reforming personal injury compensation without delay.
These proposals will enable personal injury compensation to be paid more quickly to injured people.
In April 2007, the government published proposals for a faster, fairer, more cost efficient compensation system. Implementing these proposals would save 110 million days a year in delays dealing with personal injury claims following motor accidents alone.
Stephen Haddrill, director general of ABI, said: Our compensation system is failing many claimants. Personal injury claims following a motor accident take on average two years to settle, with three years on average for workplace claims. This is unacceptable.
The government has grasped the need for reform. We look forward to implementation of their proposals without further delay. Every day without change is another day of unnecessary delay for claimants.