Provision
The provision is the best estimate of the expenditure required to settle the present obligation at the balance sheet date or transfer to a third party (for claims made and predicated to be made, so called ‘incurred but not reported claims’). The figure is updated …
Business Impact Assessment (BIA)
This is a process of collecting necessary information about business systems, processes, functions, resources and people to identify how they may be impacted by an event.
Read more [Continue reading] Business Impact Assessment (BIA)
Collaborative Advisory Group (CAG)
The Maternity Incentive Scheme Collaborative Advisory Group (CAG) was established by NHS Resolution to bring together other arm’s length bodies and the royal colleges to support the delivery of the Clinical Negligence Scheme for Trusts Maternity Incentive Scheme and has also advised NHS Resolution on …
Read more [Continue reading] Collaborative Advisory Group (CAG)
Personal injury discount rate (PIDR)
Personal injury discount rate (PIDR)
Read more [Continue reading] Personal injury discount rate (PIDR)
Property Expenses Scheme (PES)
The Property Expenses Scheme (PES) indemnifies NHS members for property claims.
Office for Budget Responsibility (OBR)
Office for Budget Responsibility (OBR): https://obr.uk
Read more [Continue reading] Office for Budget Responsibility (OBR)
NHS Litigation Authority (NHSLA)
The NHS Litigation Authority is the legal name of NHS Resolution.
Read more [Continue reading] NHS Litigation Authority (NHSLA)
National Clinical Assessment Service (NCAS)
The National Clinical Assessment Service (NCAS), now known as our Practitioner Performance Advice service.
Read more [Continue reading] National Clinical Assessment Service (NCAS)
