Court considers suitability of after the event insurance as security for costs in group claim

Adam Jacobs and Julian Chamberlayne of Stewarts urge claimant groups in large-scale funded commercial claims to consider the importance of ensuring that ATE insurance policies are sufficiently robust in light of a recent UK case in which the litigation funder was required to put up additional security after the court found that there was a real possibility that the ATE insurance policy taken out by the claimants could be avoided by the insurer. Read more.

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Stewarts launches ATE insurance facility

UK law firm Stewarts has launched a ground-breaking ATE insurance facility in conjunction with Arthur J. Gallagher Insurance Brokers Limited. ‘Stewarts Litigate’ is designed to work alongside the firm’s alternative funding agreements. The facility provides the firm’s commercial disputes clients with rapid access to comprehensive ATE insurance at pre-agreed market leading rates. The facility can provide coverage of up to £4 million in three business days and up to £18 million within ten business days.

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