Legal Expenses
Legal Expenses Insurance is a class of business provided by IGI. We have a dedicated class underwriter & specialist team responsible for the development of this class of business, with many years of experience in this field.
We consider commercial risks for both Before the Event (BTE) and After the Event (ATE) Legal Expenses Insurance: -
BTE insurance is written just like other traditional insurances, covering unforeseen events that can occur from time to time.
ATE is a bespoke insurance policy that protects the policyholder (usually the Claimant) from the legal costs of pursuing or defending a legal action.
We can underwrite policies on a direct basis placement, via coverholders, line slips or as a standalone reinsurance placement.
CAPACITY
BTE – underwritten on bespoke rate scheme basis.
ATE – up to GBP5m or USD 7.5m. Higher limits can be considered and arranged subject to further underwriting due diligence.
GEOGRAPHICAL SPREAD
Worldwide, excluding the USA
COVERAGES
Main classes include but not limited to:
- BTE - Commercial risks primarily for Small and Medium size Enterprises (SME)
- ATE - Commercial litigation, typically for Claimants, involved in a known litigation. Coverage can include:
- Adverse costs
- Own Side’s Disbursements
- Own Side’s costs
- Bespoke portfolio arrangements
IAN NOBLE
Head of Financial & Professional lines (ProFin)
London
MOHAMED SHAKHATREH
Senior Claims Adjuster, Financial Institutions
Amman
CHLOE SAUNDERS
Assistant Claims Manager – Professional & Financial lines
London
NEIL JAMES
Senior Claims Adjuster - FI & Casualty
London
ALI ALMADDAN
Underwriting Assistant - Financial Institutions Underwriting
Amman