Our Solution
The current way healthcare claims are resolved and lessons are learnt is slow, lacks innovation, accountability, transparency and trust. Patients affected by failures in medical standards of care can fail to access justice or can wait years for a resolution, while the same failures keep repeating. This is harming patients and driving up the cost of professional indemnity insurance for medical professionals and UK taxpayers.
Our data-driven legal, insurance and medtech solutions use court-compliant digital protocols developed through our fintech accelerator, partnerships and schemes. They are designed to efficiently detect, prevent, resolve and learn from cases of failures in medical standards of care. These protocols when administered by members of our ecosystem produce a socially responsible alternative investment asset stored as a digital asset.
"A bombproof asset class"
Professor Dominic Regan
Specialist Adviser
Our ecosystem is designed to put patients affected by potential failures in medical standards of care at the centre. Then align the interest of all stakeholders and participants in the healthcare, legal, MedTech, insurance, finance and professional services sectors. Enabling compliant and ethical schemes, partnerships and M&A strategies that focus on digital disruption to make a positive social impact by revolutionising the way medical failures are detected, prevented and resolved.
Innovation in our ecosystem produces an alternative investment asset secured on bills owed by the UK Government, healthcare providers, law firms, Pharma and insurance companies. Providing Investors with a unique opportunity for structural growth in a non-cyclical asset class. Our digital asset will help convert outstanding bills owed to members of our ecosystem, into cash. Fueling innovation and growth of the Outspire.io ecosystem.
Solutions delivered through the Outspire.io FinTech accelerator, MedTech Partnerships and schemes by members of the Outspire.io ecosystem ensure potential failures in medical standards of care are independently investigated, all claims are not under settled and patients who are motivated to stop other patients from going through something similar are not exposed to any adverse costs in their pursuit to help others.
Outspire.io enables members of its ecosystem to innovate, collaborate, value projects and raise funding. We help members adopt court-compliant FinTech powered digital disruption strategies that make a positive social impact by efficiently improving positive patient outcomes through developing court-compliant smart technology for early detection, prevention, resolution and learning.
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Outspire.io fintech strategies recognises the court-compliant value of efficiently improving positive patient outcomes. A shared aim of all MedTech companies. Our MedTech and Data sharing programmes supports MedTech adoption in the healthcare, pharma and medical device markets.
Our court-compliant digital protocols connect to other ecosystems, applications and technologies. These can include legaltech, insuretech, medtech, martech, regtech, deep learning and blockchain applications. Improving efficiencies, accountability, transparency and trust between all participants.
Projects, services and solutions developed through our FinTech Accelerator, partnerships and schemes are made available to members through the Outspire.io Marketplace. The Outspire.io Marketplace will be the place for members who are seeking or offering solutions that will drive digital transformation strategies of the future.
Our ecosystem is the first to enable members to use FinTech strategies that court-compliantly monetise the rapid capture of trusted data and analytics about the causes, affects and costs of different types of medical failures. Learning from this data will open the doors for use case focused MedTech solutions and data-driven legal, insurance and professional services that are going to efficiently improve positive patient outcomes.
About Us
- Data-Driven Investigations
- Open Access To Justice
- Fast & Fair Resolutions
- Learning & Prevention Programmes
- Court-Compliant Billing
- FinTech Legal Funding
- Monetising MedTech R&D
- Fixed Fee Litigation (claims up to £250K)
- Positive Social Impact
- Positive patient outcomes
- Early detection & prevention
- Transparent & trusted learning
- Reduce professional indemnity
- Incentives for UK taxpayers
- Support MedTech Adoption
Our vision for the Outspire.io Platform and data-driven legal, insurance and MedTech solutions developed through our Fintech accelerator, partnership's, schemes and joint-ventures in the Outspire.io Marketplace will have the capability of preventing, detecting and also quantifying certain types of damages caused by failures in medical care in real-time before any complaint is raised by the patient or case reviewed by a lawyer.
Outspire.io was founded from the experience gained in projects that our founding team have been involved in over the past 15 years and 5 years or research & development. Past projects include:
Outspire.io ecosystem is open for innovators in the Healthcare, Legal, Medico-Legal, Pharma, Private Care, Rehabilitation, MedTech, Medical Device Manufacturers, Financial, Claims Management, Wealth Management, Training, Government, Cost Recovery, Banking & Insurance Markets who share our aims and mission.
- Improve Positive Patient Outcomes
- Improve Access To Justice
- Deliver Fast & Fair Resolutions
- Early Detection & Prevention
- Improve Accountability & Learning
- Lower Professional Indemnity
- Make a Positive Social Impact
Outspire.io ecosystem believes in offering a fair charging structure for membership and calculates this based on the size of the organisation or the individuals profession.
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Our Services
Our innovation consulting workshops, FinTech accelerator, partnerships and schemes will assist private and public healthcare providers, pharma companies and medical device manufacturers in transforming the way they deal with failures in medical standards of care and defective devices. Our platform and solutions in our marketplace improve accountability, transparency and trust for better learning, prevention and the introduction of data-driven third party capture schemes for fast, independent and fair resolutions for patients, with better learning and prevention protocols for the future.
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Our MedTech Partnerships, Innovation consulting, workshops and network is designed to assist medical device manufacturers discover use cases and USP's that can support adoption of their products.
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We can assist countries that provide their citizens with a Universal Healthcare Policy. Our strategies are designed for governments who want to explore innovate ways to address some of the challenges in delivering Universal Healthcare Policy.
- Improve positive patient outcomes
- Reduce medical failures
- Better learning, accountability and transparency
- Positive net benefit to citizens
- BI powered claims management
- Alternative dispute resolution
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The case studies, anonymised data & analytics collected about specific types of medical failures is shared with healthcare providers, companies, startups and universities in the MedTech sectors & Medical Device Markets. Helping to build solutions that detect substandard care & prevent the same mistakes being repeated. Solutions that can efficiently improve positive patient outcomes and help reduce the costs of professional indemnity insurance.
Involved In MedTech? Enquire about our Medtech Partnership’s
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Outspire.io is engaging with professional indemnity insurers, legal expense insurers and after the event insurance companies operating in the healthcare and litigation markets. Through our innovation consulting, workshops or accelerator, we can help insurance companies discover pioneering FinTech powered digital strategies for growth, ROI, partnerships and schemes.
- FinTech funded premiums
- MedTech powered detection & prevention
- Blockchain-powered claims management
- Competitive premium pricing
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In its infancy, our platform already has access to 2500 future cases, which it is seeking to process through panel members, schemes and partnerships in the Outspire.io ecosystem.
Our investigations & legal panel membership is designed for independent medico-legal experts, consultant lawyers, law firms and innovators operating in the Legal, Professional Services, Medico-legal, Claims Management, ATE Insurance, Rehabilitation, Wealth Management, LegalTech and Litigation Finance Markets.
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Innovation by members our ecosystem through our fintech platform and ecosystem provides investors and litigation funders with a socially responsible alternative investment asset secured on bills owed by the UK government, healthcare providers, medical device manufacturers, law firms and insurance companies.
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We work with claims management companies, online legal brands and lead generators. Solutions in our market place will provide their campaigns with the technology to identify potential claims that qualify for fully funded investigations and legal representation in real-time, 24 hours a day.
Our innovation consultancy can deliver private or group innovation workshops providing stakeholders, participants and innovators with an insight into discovering opportunites, planning, financial modeling and preparing market valuations for digital transformation strategies.
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Our networking and events assist members to meet and collaborate with like-minded individuals, businesses and brands who are interested in playing their part in revolutionising the way medical failures are detected, prevented and resolved.
Featured Projects, Schemes & Partnerships
Ai-Lee is the name of our MedTech Partnerships & Data Sharing Schemes. Both are on a mission to efficiently improve positive patient outcomes.
Ai-Lee is the name of our MedTech Partnership & Data Sharing Programme for individuals and organisations that are passionate about developing IoMT and connected healthcare solutions to improve learning, detection and prevention of clinical negligence. Ai-Lee is seeking to engage with medical professionals, healthcare providers, medical device manufacturers, a community of developers, MedTech companies, startups, investors and universities.
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A digital transformation consultancy for innovators in the Healthcare, Government, Legal, Insurance, Medico-Legal and Financial Services Sectors.
Outspire Innovate is a digital transformation consultancy that can assist healthcare providers, government departments, law firms, claims management companies, financial advisors, charities, investors, banks and entrepreneurs to learn, explore and deploy data-driven compliant strategies. Outspire Innovate will assist with discovery, planning, hackathons, valuations and fund raising for blockchain and fintech strategies that will revolutionise markets within the legal, healthcare, Pharma, medical device, insurance and financial sectors.
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Lit.Fund - the socially responsible digital wallet and alternative investmant asset that converts court-compliant bills into cash. Lit.Fund will power the growth of the Outspire.io Ecosystem.
Lit.Fund - the socially responsible digital wallet that will provide investors and litigation funders with an alternative investment asset by converting expected legal fees, ATE premiums and the bills for independent investigations and valuations, into cash.
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iTHINKIFY - Fast independent opinions by medical experts, specialist solicitors, barristers and other independent experts 24 hours a day.
iTHINKIFY is a project using blockchain technology to assist solicitors, barristers, medico-legal experts, medical professionals and other professionals to deliver trusted and verified specialist independent preliminary opinions 24 hours a day.
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iPAGINATE provides data-driven records management solutions for legal documents, medical records, bills, reports and more.
iPAGINATE is a project for a court-compliant data-driven records management solution. Users can include patients, claimants, healthcare providers, the UK Government, medical professionals, lawyers, barristers, medico-legal experts, forensic accountants, financial advisors, insurance companies, records analysts and any other professional that is reviewing, preparing, advising or billing a fee that may be cross examined or challenged in court.
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AiLegal.pro provides lawyers, law firms, in-house legal teams, defendants and professional indemnity insurers with access to cases and comes with court-compliant data-driven billing protocols that improve accountability, transparency & learning to power faster future settlements.
AiLegal.pro is a platform which will allow claimant and defendant law firms, professional indemnity, in-house legal teams, insurers, consultant solicitors and barristers to access, process and resolve claims for failures in standards of medical care. AiLegal.pro enables court-compliant data-driven workflows, billing protocols and learning from each legal resolution.
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ATE INSURE will deliver FinTech powered funding and blockchain based claims management for claimants, defendants, professional indemnity, After The Event and legal expense insurance companies.
ATE INSURE is a project engaging with After The Event, PI, Legal Expenses Insurance companies to develop schemes which adopt Fintech funded premiums and blockchain-powered claims management. Our platform will enable data-driven insurance schemes for lightning-fast claim settlements and court-compliant premium recoverability between stakeholders and participants.
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Mistreatment.com will the first online brand that will in Q3, 2020 start to introduce the Outspire.io ecosystem to patients who have been affected by medical failures.
Mistreatment.com is the first online brand to start to adopt the Outspire.io ecosystem. It is currently involved in a number of accelerator projects and is engaging with stakeholders and participants to develop innovative products and services for its visitors. It has the vision to build an ecosystem that can deliver lightning-fast and fair resolutions for patients affected by certain types of failures in medical standards of care.
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A Golden Opportunity
"There is now a golden opportunity to capture data from concluded, ongoing and future claims with comparative health outcomes for patients. Opening a better understanding for developing innovative Medtech solutions for early detection, prevention and new forms of alternative dispute resolution. Solutions that efficiently improve positive patient outcomes and reduce the risks or costs of litigation and professional indemnity insurance claims"
Dr Ian Kirwan, Head of Detection & MedTech Partnerships
Members of our ecosystem already include established online legal brands who assist patients affected by medical failures. Our technology will provide their websites with lightning-fast funding, insurance and signposting. Enabling enquiries regarding medical failures to be risk assessed and approved or signposted in real-time, 24 hours a day.
Before joining our Outspire.io project, members of our team have been involved in innovative projects in the legal costs and the medical negligence claims space. Some of their achievements are listed below.
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Captured and qualified over 60,000 medical negligence enquiries by the public for 40 law firms.
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Been instrumental in the development of ATE insurance and funding schemes that are now industry standard.
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Launched the first clinical negligence case management software with court compliant billing for both hourly and fixed-fee models.
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Advised Lord Justice Jackson on costs budgeting and management which was implemented by the UK government in 2013.
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Worked closely with HH Judge Simon Brown QC who pioneered active case/costs management.
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Advised a magic circle firm on costs arguments in the largest construction dispute in English legal history.
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Provided advice to a number of Government departments including the Ministry of Defence and HM Revenue and Customs
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Successfully acted on many significant cases, including in the Court of Appeal, Supreme Court and European Court of Human Rights.
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Been instrumental in running groundbreaking laser eye injury claims, opening the doors for many claimants.
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Oxford University certified Fintech and Blockchain strategist.
Sajid Hussain
Sajid is the CEO and the lead architect of digital strategies and has spent the last 15 years innovating in the UK Clinical Negligence Market. An entrepreneur who specialises in business transformation in the legal, insurance, healthcare & financial markets.
He is recognised as a visionary with a proven track record in ideating and executing innovative & aggressive go-to-market strategies involving digital disruption and corporate social responsibility.
Sajid is mentioned as a ‘rising’ entrepreneur and ‘one to watch’ within the changing legal landscape in ‘The Law Firm Merger: A Leader’s Guide to Strategy and Realisation’.
“His understanding of litigation finance is without equal. He is always looking for new ways to deliver litigation services and was an early advocate of ADR in clinical negligence cases.” Professor Dominic Regan
Sajid is a University of Oxford certified Blockchain and Fintech strategist. His businesses have been awarded ‘Claims Innovation Awards’, ‘Claims Management Company Of The Year’ and an ‘Interactive Media Award’.
Sajid’s experience includes generating and qualifying over 60,000 enquiries for 40 law firms. Working with Allianz to develop a leading after the event insurance scheme and launched the first fixed fee ready cloud-based clinical negligence case management system.
Professor Dominic Regan
Professor Dominic Regan of City University, London. Professor Regan has been working with Sajid on the strategy and development of the court-compliant smart billing protocols and legal cost management functions.
Professor Dominic Regan is one of the UK’s foremost speakers on costs and dispute resolution and is a special adviser to the Association of Costs Lawyers.
Dominic has advised Lord Justice Jackson on costs budgeting and management. He has worked closely with HH Judge Simon Brown QC who pioneered active case/costs management.
One of his recent projects entailed advising a magic circle firm on costs arguments in the largest construction dispute in English legal history.
The lawyers’ lawyer, Dominic provides advice to several Government departments including the Ministry of Defence and HM Revenue and Customs.
“The greatest living authority on Part 36. Awesome”. HH Judge Michael Cook.
Kalapi Darmeci
Kalapi is the Investments And Valuations Consultant. Kalapi has been involved in the Outspire.io project since 2018.
His prior achievements include a successful turnaround of DNB’s Global Emerging Markets portfolio resulting in the fund size growing from US$100mn in 2010 to US$400mn+ by 2015.
Dr Ian Kirwan
Dr Kirwan is Head of Investigation Services and MedTech Partnerships.
Dr Kirwan has significant experience both from a medical and legal perspective having worked in the science industry and legal profession for over 20 years. Dr Kirwan has a sound understanding of the technological advances in the delivery of improved treatment for patients which he acquired while working in drug development at Cancer Research UK.
Dr Kirwan is able to call upon his superior creative and analytical skills in developing and progressing a new medtech platform which provides a much needed solution for the delivery of more efficient legal services to clients and the wider community at reduced costs.
Dr Kirwan trained at the national firm, Irwin Mitchell, and has built on his experience and knowledge over the past 10 years acting only for the Claimant. He also was emplyed at Pryers Solicitors and was Head of Risk Assessments for one of the largest clinical negligence claims brands in the UK.
Dr Kirwan’s technical knowledge and dual qualification have also helped him to obtain a Law Society accreditation in the past.
Reuben Glyyn
Reuben is a specialist adviser to members of the Outspire.io ecosystem. He trained as an accountant with international firm KPMG, where he specialised in profit improvement consultancy. He is now the Managing Director at PIC and has overseen extensive growth of the company in recent years, whilst specialising in litigation project management and practical budgeting.
Harman’s experience helps provides participants and stakeholders of our ecosystem with innovative ways to investigate claims and outsource risk.
Harman is involved in our iPAGINATE and AiLegal.Pro projects. She is a system/workflow developer that has extensive experience in digitalising the whole of the medical negligence claims and investigation process.
Over the last 7 years, she has assisted in managing hundreds of preliminary investigation services for 27 law firms and their clients and has built a network of medico-legal experts, agencies, consultants, doctors, and nurses, which she is currently planning to introduce to the Outspire,io ecosystem.
Fahad Tariq
He is a graduate of the University of Hertfordshire, with an MSc in Artificial Intelligence and Machine Learning. He brings extensive experience in software, IoT and mobile app development.
Fahad joined the project in 2018, to continue the development of our AI/ Machine Learning Strategy which seeks to learn from the aggregated and anonymised data captured from patient experiences and the claims process.
Investors
"For EFG investors this is a rare opportunity to get involved in this transforming sector where there is structural growth in a non-cyclical asset class"
"A bomb-proof asset class"
"The UK healthcare claims market is a slow adopter and is operating like the banking sector, before the FinTech revolution."
We start by transforming the dislocated UK Clinical Negligence Market
The UK Government-owned NHS, the largest healthcare provider in the UK set-aside provisions of £77billion in 2017/18. This was increased to £83.4billion to cover ongoing and future expected claims in 2018/19.
The current way clinical negligence matters are resolved and lessons are learnt is slow, lacks innovation, accountability, transparency and trust. Patients affected by clinical negligence can fail to access justice or can wait years for a resolution, while the same failures keep repeating. This is harming patients and driving up the cost of professional indemnity insurance for medical professionals and to UK taxpayers.
Seed investors and private equity have a unique opportunity to make a positive impact in the captive, non-cyclical market offering strong growth prospects for disruptors like Outspire.io.
Our FinTech platform, ecosystem and billing solutions will provide future investors with a socially responsible alternative investment asset secured on bills owed by the UK Government, healthcare providers, medical device manufacturers, law firms and insurance companies.
Creating an alternative investment asset for investors and liquidity for outstanding bills owed to stakeholders and participants. This will power the growth of the Outspire.io ecosystem and provide ROI for investors.
Patient-reported incidents are rising and the demand for independent medico-legal opinions outstrips the supply lawyers and independent medical professionals can deliver under the traditional model. Limiting both access to justice and positive patient outcomes, while driving up professional indemnity costs for medical professionals, healthcare providers and UK taxpayers.
NHS Data
NHS reported incidents are rising towards 2million a year (NRLS, 2016) while only 10,673 new claims were logged and estimated to cost £4.5billion in 2017/18 (NHS Resolution, Annual Accounts 2017/18)
Other Organisations
The potential market is far bigger than the illustration provided as this only shows incidents and claims against the NHS. Incidents and claims are also occur against private dentists, private hospitals, pharma companies, medical equipment manufacturers and more.
Contact us for an investment deck.
Participants Member Benefits
Participants of our ecosystem include independent medico-legal experts, consultants and agencies. They use our platform to access and efficiently review medical records, provide preliminary screening opinions and court compliant medical reports. Our technology and data-driven protocols revolutionise these processes enabling them to provide preliminary opinions 24 hours a day.
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To ensure claims are not under-settled, claimant solicitors instruct participants who are specialists in a variety of professional services. These can include:
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Participants of our ecosystem include independent specialists in the property market. They assist claimant lawyers to calculate cost relating to property adaptation, smart home technology or relocation costs for a severely injured claimant to a new adapted property.
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Rehabilitation and care participants of our ecosystem assist claimant lawyers to calculate the costs of providing restorative health and care provision. In the case of severely injured claimants the costs of both rehabilitation and care can be life-long.
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Our ecosystem enables defendants and professional indemnity insurers to develop cost effective processes whilst reducing risk exposure. Court-compliant digital protocols provide faster and fairer settlements improving compliance and accountability.
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We plan to bring together a community of developers, technology companies, startups and universities, passionate about the IoMT and connected care space. They can use the data intelligence and case studies to build smarter connected care applications that deliver improved patient outcomes more efficiently and are capable of tracking the numbers of failures that have been avoided, lives and costs saved.
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Our security tokens are generated through stakeholders and participants of our ecosystem administering smart digital protocols to process claims using court-compliant billing.
Protocols include claims processing, funding, risk assessments, pre-issue, post-issue, independent reporting, ATE Insurance, cost recovery and more.
Digital bills are remotely audited by independent cost lawyers. Audits will be carried out using smart contracts and audited outstanding bills owed by the UK Government, healthcare providers and insurance companies stored as digital assets.
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Claims Capture & Investigation
The platform generates enquiries and helps to gather medical records for preliminary opinions about failures in episodes of care. Less meritorious cases are identified and closed at no cost to the claimant. Meritorious claims are assigned to the Legal Division.
Legal Services & Resolutions
We aim to speed up settlements and healthcare resolutions by bringing together claimants, consultant lawyers, medical experts, funders and specialists. They use the platform to access, bill and process claims using court-compliant digital protocols.
Data, Learning & Technology
The case studies, data & analytics collected by the platform are shared with healthcare providers, companies, startups and universities in the MedTech sector. Helping to build apps to detect substandard care & prevent the same mistakes being repeated.
We start by disrupting the UK medical negligence litigation market.
The Market
Billions of pounds (GBP) is being paid out each year by defendants for negligent healthcare treatment or providing defective medical devices.
The Problem
The demand for non-recourse independent investigation services and legal representation by potential medical negligence victims outstrips the supply lawyers and independent experts can deliver through their legacy systems. Data shows reported incidents keep rising, while access to justice is going down.
Our solutions are transforming the way medical claims are captured, funded, investigated, billed and recovered.
OUR CLAIMS SOLUTIONS >>
Contact us for an investment deck, media enquiry or for information about joining our ecosystem.
- Our ecosystem aims to open access to justice and holistic services for victims of medical negligence
- Our FinTech platform uses MarTech, Lawtech and InsureTech to efficiently capture, investigate and qualify potential claims.
Meritorious claims are identified early, and are funded and insured using litigation funding or Decentralised Finance (DeFI) solutions. - A network of consultant lawyers across the UK use our platform to access, process and settle cases using our court-compliant billing protocols.
- We share case studies and anonymised data with the MedTech sector to help improve positive patient outcomes and play a part in reducing, detecting or preventing medical negligence.
- Our technology open up access to justice allowing more claims to be captured and investigated 24 hours a day
- We decentralises our billing protocols for tranparency, real-time independent auditing and valuations
