What is ATE Insurance?
Pursuing litigation requires claimants to take on a number of risks inherent in litigation, including: -
• Being ordered to pay your opponent’s costs in the event that the claim is not successful
• Having to pay your disbursements such as: -
o Barristers’ Fees
o Experts’ Fees
o Court Fees
ATE insurance insures claimants against these risks in the event that a claim is not successful.
The ATE policy, if you lose your case, will cover you for:-
• Adverse costs (your own opponents costs)
• Disbursements (Barristers’, experts’ and court fees.
• Premium
What Premium Will I Have to Pay?
The size of the premium will depend upon the circumstances of your case and the risks involved.
The premium is often paid partly in cash and partly deferred and contingent upon the success of your case; that is to say that you will not have to pay the deferred element of the premium in the event that the claim is unsuccessful.
How Can I Get An ATE Policy?
We only deal directly with specialist commercial law firms acting for commercial claimants, brokers seeking ATE cover for their clients and litigation funders.
Your solicitor will be able to contact us on your behalf and download a Proposal Form.