ATE Insurance

Individually underwritten After the Event insurance (ATE), distributed via solicitors for clients looking for protection on a case-by-case basis in the wake of a legal dispute.

ATE Insurance provides cover for the claimant’s exposure to disbursement and adverse costs for both commercial and personal claims. Cases should have around a 60% prospect of success and recovery.

Examples of cover we can provide

  • Shareholder/contract/partnership disputes
  • Professional negligence
  • Financial mis-selling
  • Insolvency
  • Contentious trust/probate
  • International arbitration
  • Clinical negligence
  • Personal injury

If the legal dispute is lost, the other parties’ costs, together with certain expenses (disbursements) can be met by the insurance.
 

Premiums range from 20% to 40% of the sum insured and are rebated so that the premium is less expensive if the case concludes early. The premium can be paid in full at policy inception or insurers may offer a contingent premium structure.

Deed of indemnity addition
We can underwrite a deed of indemnity, should the ATE Insurance policy not be accepted as security for costs or caution. Any deed of indemnity provided is in addition to the ATE Insurance policy and would incur an extra premium.
Litigation funding introductions
We also have strong relationships with UK based third-party litigation funders, and act as an introducer for law firms and their clients looking to obtain litigation funding. Most third-party funders will require a claimant to have the benefit of suitable ATE insurance.

Speak to an expert: 0344.770.9000

We’re waiting to hear from you. Call, email or use our live chat service to find out how we can help you deliver market leading, tailored products and services to your customers.
 

CONTACT US
Stay connected