Commercial After the Event (ATE)
ATE insurance is important where claimants in a legal action seek financial protection in the event they lose that action. It is usually used in conjunction with a conditional fee agreement and can cover both adverse costs and own disbursements.
Our service standards aims to provide quotations within ten working days of receipt of all required documentation and premiums are normally entirely deferred until the case concludes and is contingent upon it succeeding. In the event that the case is won the premium is recoverable from the losing party. Where the case is lost, no premium is due.