Kennedys IQ

At Kennedys IQ, we do things differently to further the benefit of our clients and their industries. That’s why we’re kicking off the new year with gratitude. Where we are today wouldn’t be possible without the support of our colleagues, clients, and friends. Thank you for being part of our 15-year journey so far. We’re especially grateful for your trust and belief in our pursuit of innovation and our drive to find new ways to make the insurance industry more resilient and efficient, while helping our clients use lawyers less. Your commitment encourages us every day, and it’s our promise to continue pushing boundaries and overcoming the challenges our industries may face in 2025 and beyond. In the words of Richard W., here's a message that sums up our vision for the year ahead: "Happy New Year to all, but especially to our clients and supportive colleagues. Here’s to another year of collaboration, innovation, and success. We have exciting new products launching in Q1 – watch this space! We can’t wait to share 2025 with you and continue to dismantle unnecessary dependencies on traditional legal solutions". #innovation #insurtech #kennedysiq #happynewyear

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐞 𝐊𝐞𝐧𝐧𝐞𝐝𝐲𝐬 𝐈𝐐 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐢𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐜𝐥𝐚𝐢𝐦𝐬 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐭 𝐞𝐯𝐞𝐫𝐲 𝐬𝐭𝐚𝐠𝐞 𝐛𝐲 𝐥𝐞𝐯𝐞𝐫𝐚𝐠𝐢𝐧𝐠 𝐞𝐧𝐝-𝐭𝐨-𝐞𝐧𝐝 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲?  From the moment a claim is made to the final stages of litigation, we’re empowering our clients to achieve unprecedented savings, helping our insurer clients settle quickly and fairly. This year, we’ve been proud to help our clients drive impactful outcomes. Here’s what we’ve achieved in 2024: 🔹 Fraud prevention ·        £1.87M saved to date for a major UK composite insurer. 🔹 Litigation excellence ·        £5.2M saved for one client to date. ·        Another client recovered £24M and saved £800K in legal fees. 🔹 Overall impact ·        £210K/month in legal cost savings for every 1,000 claims handled. ·        Legal spend reduced by 30% for our clients. 💡 With these results, it’s no wonder insurers are trusting Kennedys IQ to streamline operations and reduce costs. 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐬𝐞𝐞 𝐰𝐡𝐚𝐭 𝐭𝐡𝐞 𝐈𝐐 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐜𝐚𝐧 𝐝𝐨 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬? 👉 Contact us today to learn more: https://lnkd.in/eUDg5N3F #KennedysIQ #ClaimsInnovation #InsurTech #Insurance #InsuranceInnovation #KennedysLLP

Are you ready to embrace the future of claims handling? 🔍 Kennedys IQ automation can help you: o   Cut settlement negotiation times. o   Enhance efficiency with fewer human touchpoints. o   Reduce indemnity costs while maintaining fairness. Bring speed, consistency, and cost savings to your OIC claims process in 2025. Find out more: https://lnkd.in/eUDg5N3F #KennedysIQ #AutomationInClaims #Insurtech #Innovation #KennedysLLP #InsuranceAutomation #OIC #Claims #ClaimsAutomation

At Kennedys IQ, our global team is at the heart of everything we do. This year we’ve seen growth, propelled by the passion and dedication of our brilliant team and every member has played an essential role in driving our success. As we celebrate the holiday season, and the end of another remarkable year, we want to take a moment to express a heartfelt gratitude to our fantastic people for their hard work, dedication and commitment to innovation and continued success. From the entire Kennedys IQ team, we wish you and your loved ones a joyful and peaceful festive season. We look forward to coming together for another year of great work and even greater achievements!

Our people in London also came together to celebrate and wrap up an incredible year. All we've achieved in 2024 has set the stage as we recharge for an even brighter 2025! Richard W., Partner and Global Head of Client Innovation, shared: “ 2025 will be our 16th year of innovating for our clients. My thanks to all of our friends and clients from the last 15 years who have supported and embraced the counterintuitive concept of lawyers helping their clients to use all lawyers less! We wish you a very happy and healthy Christmas and New Year - from all of the innovators at Kennedys and Kennedys IQ.” #KenndysIQ #Insurtech #Innovation #KennedysLLP

Over the last two weeks our people came together to celebrate the holiday season. It's been a wonderful way to close out the year and reflect on our journey together. Our team in Kerala did just that with festive and fun celebrations! Tony Joseph, from our leadership team in Kerala, shared: “As the holiday season surrounds us with joy and gratitude, I want to take a moment to thank each of you for being an integral part of our journey this year. Your brilliance, creativity, and commitment to innovation have powered our success. Together, we’ve turned challenges into opportunities, delivering ground-breaking solutions that make a difference. May this Christmas bring you peace, happiness, and cherished moments with your loved ones. Here’s to a festive season filled with happiness and a 2025 brimming with innovation, success, and new opportunities!” #KennedysIQ #Insurtech #Innovation

𝐖𝐡𝐚𝐭 𝐢𝐟 𝐲𝐨𝐮𝐫 𝐎𝐈𝐂 𝐜𝐥𝐚𝐢𝐦𝐬 𝐜𝐨𝐮𝐥𝐝 𝐬𝐞𝐭𝐭𝐥𝐞 𝐭𝐡𝐞𝐦𝐬𝐞𝐥𝐯𝐞𝐬? 🤔 With Kennedys IQ, you can: o   Automate CPR-compliant offers. o   Ensure quick and consistent offers for reduced lifecycles. o   Achieve lower operational costs and indemnity spend. Let technology take the hassle out of claims handling—leaving you free to focus on customer service and complex claims. Get in touch: https://lnkd.in/eUDg5N3F #KennedysIQ #ClaimsAutomation #ClaimsInnovation #Innovation #Claims #Insurtech #InsurtechInsights

𝗔𝗿𝗲 𝘆𝗼𝘂𝗿 𝗰𝗹𝗮𝗶𝗺𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝗽𝗮𝗰𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁? Quantum has delivered a 30% performance improvement for Non-Tariff PSLA, resulting in real cost savings while maintaining fair settlements in recent months. With rising claims costs, it’s more important than ever to optimise indemnity spend and reduce unnecessary overcompensation. 𝗛𝗼𝘄 𝗰𝗮𝗻 𝘄𝗲 𝗵𝗲𝗹𝗽? 1️⃣ Predict market trends and explore future scenarios. 2️⃣ Reduce settlement times and negotiation cycles. 3️⃣ Optimise PSLA spending.  4️⃣ Enhance decision-making through data-powered analytics. Don’t let inefficiencies hold you back. Learn how Quantum’s model can drive smarter outcomes for your business. Explore more: https://lnkd.in/er3Jkdvi #PSLA #OIC #MOJ #Insurance #KennedysIQ #OICTrends #tariff #portalclaims #claimsportal #MotorInsurance #MotorClaims #ClaimsManager #ClaimsAdjuster #Headofclaims

We are incredibly proud of what our team in Kerala has achieved. A big thank you to everyone who has been part of this journey, and here's to more milestones and continued success together!

Thank you to all who joined this week’s session, where Ian Davies, Angela Crisall, Vicky Garner, and Chris Stubbs shared valuable insights in OIC claims trends and the implications of recent changes. Key takeaways: 1️⃣ OIC tariff updates • A 15% inflationary uplift is on the horizon for tariffs, calculated using CPI instead of RPI – a shift aligned with broader government practices. • The top 2 year tariff remains just below the small claims track limit. 2️⃣ Claims dynamics • Potential shifts in claimant behaviour, with potential increases in supplementary psychological diagnoses and reports. • Movement between OIC and MoJ portals remains a critical area to watch as data matures, leading to potentially longer lifecycles for claims and more layered settlements. 3️⃣ What’s next? • New regulations won’t come into force until 2025, consultations still ongoing. • The impact on claims lifecycle, settlement behaviours, and tariff application will continue to evolve. As the industry adapts to these changes, Kennedys and Kennedys IQ are here to guide insurers through the data and provide actionable strategies. Missed the session? Here’s a link to the recording: https://lnkd.in/egw9pfuj   #Insurance #MoJ #OIC #KennedysIQ #OICTrends #whiplash #tariff #portalclaims #claimsportal