SUP 16 Annex 45A Annual Claims Management Report form

SUP 16 Annex 45ARR01/04/2023

1CMC001: Key data for Claims Management

Currency: Sterling only

Units: integers

			A
Group reporting
1	Does the data reported in this return relate to more than one firm? (NB: You should always answer “No” if your firm is not part of a group)
2	If “Yes” then list the firm reference numbers (FRNs) of all of the additional firms included in this return.
Nil return
3	Do you wish to report a nil return? Firms answering ‘yes’ are not required to complete the remaining questions.3
4	Over the reporting period, how many employees did the firm have on average?
5	How many employees left the firm (for any reason) during the reporting period?
6	What was the firm’s annual employee turnover rate during the reporting period?
7	What was the total remuneration paid to the firm’s employees over the reporting period?
8	What was the total amount of variable remuneration paid to the firm’s employees over the reporting period?
9	How does the firm charge fees to its customers?
10	What was the total annual income for all regulated claims management activities, as defined in FEES 4 Annex 11AR for the purposes of FCA fees reporting (see guidance in FEES 4 Annex 13G)?
Profit and loss account (over reporting period)
11	What was the firm’s income from seeking out, referrals and identification of claims or potential claims?
12	What was the firm’s income from all regulated claims management activities?
13	What was the firm’s income from all regulated activities?
14	What was the firm’s income from activities which are not regulated activities?
15	What was the firm’s total income, including from activities which are not regulated activities?
16	What was the firm’s expenditure in respect of all regulated claims management activities?
17	What was the firm’s expenditure in respect of all regulated claims management activities (excluding expenditure of the sort listed in CMCOB 7.2.8R(2)(b))?
18	What was the firm’s operating profit from regulated claims management activities?
Balance sheet (as at end of reporting period)
19	What was the value of the firm’s total assets (fixed and current)?
20	How much cash did the firm hold?
21	What was the value of the firm’s other current assets?
22	How much did the firm owe in overdrafts and bank loans due within one year?
23	What was the value of the firm’s current liabilities (other than overdrafts and bank loans)?
24	What was the value of the firm’s total (current and non-current) liabilities?
25	What was the value of the firm’s current assets less the value of its current liabilities?
26	What was the value of the firm’s total assets less the value of its current liabilities?
Prudential resources
27	What level of prudential resources did the firm hold at the end of the reporting period (as calculated in CMCOB 7.3)?
28	Was the firm a Class 1 firm or a Class 2 firm (as defined in CMCOB 7.2.5R) at the end of the reporting period?
29	What was the firm’s overheads requirement (as calculated in CMCOB 7.2.8R) as at the end of the reporting period?
30	As at the end of the reporting period, was the firm’s overheads requirement (as calculated in CMCOB 7.2.8R) greater than the amount set out in whichever of CMCOB 7.2.6R(1)(a) or 7.2.7R(1)(a) was applicable to the firm?
31	Did the firm hold client money at any point during the reporting period?
32	What was the firm’s prudential resources requirement (as calculated in CMCOB 7.2.6R and 7.2.7R) as at the end of the reporting period?
33	Did the firm have a prudential surplus or deficit at the end of the reporting period?
34	What was the amount of the prudential surplus or deficit at the end of the reporting period? 3
	3	3
	3	3
	3	3
	3	3
	3	3
	3	3
Relevant Connections3
	These questions are for firms with permission to carry on: seeking out, referrals and identification of claims or potential claims; or advice, investigation or representation in relation to a financial services or financial product claim.3
335	Is the firm providing notification of individuals, as per CMCOB 2.1.21R?		Yes / No
	If the answer to question 35 is yes, please complete the following information:

336	Where CMCOB 2.1.21R(3) applies to the individual:
	the name of the individual	the individual’s role in the firm providing the notification	the name of the firm at which the FSCS-eligible activity was carried on by the individual	the individual’s role at the firm at which the FSCS-eligible activity was carried on	the date that role started	the date that role ended

337	Where CMCOB 2.1.21R(5) applies to the individual:
	the name of individual A	the individual A’s role in relation to the firm providing the notification	the name of individual B	the relationship between individual A and individual B	the name of the firm at which the FSCS-eligible activity was carried on by individual B	the individual B’s role at the firm at which the FSCS-eligible activity was carried on	the date that role started and date that role ended
	3The remaining questions are only for firms that have permission for one or more of:
	• advice, investigation or representation in relation to a personal injury claim;
	• advice, investigation or representation in relation to a financial services or financial product claim;
	• advice, investigation or representation in relation to a housing disrepair claim;
	• advice, investigation or representation in relation to a claim for a specified benefit;
	• advice, investigation or representation in relation to a criminal injury claim; and
	• advice, investigation or representation in relation to an employment-related claim.

Professional Indemnity Insurance
383	Does the firm have permission for advice, investigation or representation in relation to a personal injury claim?
393	Did the firm have a professional indemnity insurance policy in place for advice, investigation or representation in relation to a personal injury claim as at the end of the reporting period? If yes, please complete questions 40 to 46:3
340	Who is the underwriter of the insurance?
341	What is the policy renewal date?
342	Have the minimum terms of the policy been reviewed in the last five years?
343	What is the amount of the limit of indemnity (liability) for any single claim?
344	What is the amount of the limit of indemnity (liability) for claims in the aggregate over the policy period?
345	What is the amount of the excess (or deductible) that would be applicable for any one claim?
346	Has the identity of the insurance provider or the terms and conditions of the insurance policy changed from the content of the last Annual Claims Management Report form submitted to the FCA?
Client Money
473	What was the highest balance of client money held by the firm at any point during the reporting period?
483	In relation to the balance reported for question 473, for how many different customers did the firm hold client money?
493	For how many different customers did the firm hold client money for a period longer than two business days?
503	For how many different customers did the firm hold client money for a period longer than five business days?
513	What was the longest period of time for which the firm held client money for a customer?
3
3	3
Third-party Lead Generators
523	How many leads did the firm purchase from lead generators during the reporting period?
3	If you have provided a figure in response to question 523, provide the following details in respect of the three lead generators from which the firm purchased the most leads during this reporting period in response to 53 to 553:

	Name		Postal address	Email address	Does supplier use overseas facilities (e.g. a call centre)?	Number of leads purchased from supplier over reporting period	Average cost per lead purchased from supplier over reporting period
533	3
543	3
553	3
563	How many leads did the firm supply to a third party? (include all the occasions on which the firm passed a customer, or details of a customer or claim, to a third party)
Product Data3
357	What was the average fee charged by the firm, during the reporting period in respect of a claim?
	How was the firm’s regulated claims management activity divided among the following areas of work? Please complete 58 to 77 below:3
	Revenue			Number of claims where lead obtained from lead generator	Number of claims pursued	Number of successful claims	Number of claims halted or not taken forward because: no good arguable base (left hand column), suspected fraud (middle column), or being frivolous or vexatious (right hand column)
	financial services or financial product claims

583	Payment protection insurance

593	Packaged bank accounts

603	Investments

613	Payment card or bank charges

623	Mortgages

633	Consumer credit

643	Pensions, including SERPS

653	Interest rate swaps and hedging products

663	Other (please specify)


	personal injury claims

673	Holiday sickness

683	Road traffic accidents (excluding whiplash)

693	Slips, trips and falls (excluding accidents at work)

703	Accidents at work

713	Clinical negligence

723	Whiplash

733	Other (please specify)


3	housing disrepair claims

3	claims for a specified benefit

3	criminal injury claims

3	employment-related claims

3	Of the above types of claim, which three saw the largest percentage change in number of successful claims? Please complete 78 to 80 below:3
		Type of claim			Percentage change
743
753
763
3 2
	3 2
2	3					3
2	3
	3
	3			3	3	3	3	3
	3
	3			3	3	3	3	3	3

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SUP 16 Annex 45A Annual Claims Management Report form