Shareworld's Guide to Investing - The Official Blog

Monday, 21 January 2013

Quindell Portfolio (QPP) - Buy

Quindell Portfolio is an IT company providing services to insurance firms that help them to reduce costs. It allows insurers

to outsource the day-to-day administration of motor claims, including organising lawyers for personal injury claims and

arranging replacement vehicles. It also organises medical experts to assess injuries through its Mobile Doctor unit. This is

a costly business for insurers and with personal injury claims spiralling, the government is looking to crackdown on

ambulance-chasing and whiplash cheats. This should benefit Quindell which prides itself on an ethical approach to claims.

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