How much does After the Event Insurance cost?

We get asked this question more frequently than any other, but if the premium is deferred and insured and wholly recoverable (see below) the question is surely irrelevant? And that is the position with the majority of one-off cases we get approached on. Each case is underwritten on its merits by the various Insurers we approach, so we can do no more than give you an intelligent ballpark guess.

What is meant by ‛the ATE Insurance premium is deferred and insured’?

If the ATE premium is ‛deferred and insured’, this means that it is not payable until the case has concluded and ‛insured’ (written off or deemed not to be due) if the case is unsuccessful. Put another way, it is only payable if the case is successful and in such a scenario it should be recoverable from the losing Opponent.

Is the ATE Insurance premium always recoverable?

The ATE premium should always be recoverable, unless there was clearly an alternative/better form of funding available to the client which would have cost the losing Opponent less or nothing, or unless the premium is deemed wholly unreasonable. If you use us we will have researched most if not all of the available Insurers, so we will help you demonstrate that you have shopped around the market and not just taken the first offer made or only enquired of one Insurer. We will provide you with a formal Quotation letter which can be shown to the Opponent if they disagree with the premium at the conclusion of the case; the letter details which Insurers we approached and their responses.