Covertax acts for leading professional fee insurers in:
- Claims handling
- Claims management
- Acting on behalf of the insured
We are very proud of this role, and put all our effort into achieving a good result for the insured. As a rule, the insurer will not accept a claim unless there are good chances of success – normally more than 50% in our opinion.
We agree budgets to handle the claim, whether or not the insured’s regular accountant acts on behalf of the insured.
All accepted claims require regular updates.
All in all, we know that our assessment as to chances of success proves accurate in most cases leaving both the insured and the insurers happy.
Our biggest success was a saving of more than £1.3 million. But cases are not driven by value and overturning a penalty or retaining CIS gross payment status is just as much a success.