IGI’s legal expenses insurance team includes a dedicated class underwriter and specialist team with significant experience in this field.
We write 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 bespoke insurance that protects the policyholder (usually the claimant) from the legal costs of pursuing a legal action.
We can underwrite policies on a direct basis placement via coverholders, line slips or as a standalone reinsurance placement.
Worldwide (Excl. US) Geographical spread
$7.5m CAPACITY
CAPACITY
BTE – underwritten on bespoke rate scheme basis.
ATE – up to £5 million or $7.5 million. Higher limits can be considered and arranged subject to further underwriting due diligence.
COVERAGES
Main classes include but are not limited to:
BTE - Commercial risks primarily for small and medium size enterprises (SME)
ATE - Commercial litigation, typically for claimants, involved in known litigation. Coverage can include:
Adverse costs
Own Side’s disbursements
Own Side’s costs
Bespoke portfolio arrangements