Accidents are an unfortunate feature of the modern world. Many of these accidents result in loss of income for an individual, or a loss of support for a family, resulting in a claim against Schemes such as the Road Accident Fund.
At AAC we provide actuarial calculations and advisory support for accident and compensation claims. Our services include:
- Loss of income calculations
- Loss of support calculations
- Future medical treatment costs
- Attendance of meetings, including court sessions as expert witness
Our role in these matters is to prepare reports in which we estimate the capital valueof the loss of income, or the loss of support to the dependants of the deceased following an accident
At AAC we are obsessed with quality. We have thorough internal controls, with every piece of work passing through at least three different actuarial staff. We possess robust loss of earnings and loss of support models which can be used to value many individual claims. In short, you can be assured that the report you receive from AAC is of the highest quality.
Our pricing is industry competitive and we charge a flat fee per report, with an additional fee for each additional scenario after the first(child dependants valued to age 18 and age 21 will be treated as one scenario).
The standard time required to perform a quantum valuation is three days, depending on when we receive your instruction and when the matter is on trial. We can produce a calculation within a shorter time period but charge a higher fee for such work.