Types of After the Event Insurance policies

The majority of Solicitors approaching us require cover for ‛one-off’ cases, in other words, individual bespoke policies.

However some Solicitors might be seeking to insure a volume of [usually generically similar] cases under a more standard ATE Insurance policy. If the Solicitor is prepared to insure most if not all of his qualifying cases with a specific Insurer, an arrangement can be made whereby that Insurer entrusts the Solicitor with the authority to insure cases based on far less information being provided than is required for a one-off ATE risk. These are known as delegated authority schemes.

For ‛big ticket’ ATE risks requiring substantial limits of indemnity (over £1,000,000 for instance), a more bespoke approach is needed. The demand for higher limits of ATE cover is increasing, especially following the arrival of contingency fee funders, and it is now possible to achieve limits of indemnity of up to £10,000,000 or higher for the right risks. We are experts in arranging policies where (perhaps) more than one Insurer is needed (a subscription placement), and will often approach Insurers in the wider insurance markets to secure such deals.

The ATE Litigation Insurance market is maturing and it is now possible to get ATE Insurance cover for just about any civil legal dispute, not just personal injury or clinical negligence cases. Insurers will consider most types of claimant or defendant litigation such as personal or commercial contractual disputes, professional negligence actions, insolvency actions, intellectual property disputes, defamation claims and even judicial reviews and test litigation. We have even succeeded in arranging ATE cover for cases going to the Supreme Court (formerly the House of Lords)!