AFTER THE EVENT (ATE) INSURANCE FOR SCHEMES

WHAT IS After the event (ATE) Litigation insurance (for schemes)?

ULP specialise in arranging ATE Schemes and Facilities for Claims Management Companies (CMCs) and Solicitors where cover is needed for a large number of individual claimants.

Normally the claimants are individuals pursuing similar or identical claims against third party perpetrators.

A Scheme or Facility should allow for reduced or minimal administration on the part of the CMC or Solicitor(s) and cover is often offered on a delegated authority basis which speeds up policy issuance efficiency and certainty.

We have arranged literally dozens of such Schemes over the past twenty years or so, so do Contact us for an exploratory chat or virtual meeting.

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how our services work

Stage 1

Identification and preparation

We will discuss with you how to identify your demands and needs for insurance, or those of the clients you are representing. At your request, we can meet with you either in person or ‘virtually’ to help you understand what is available from the insurance market.

Stage 2

Seeking Indications

On receipt of a brief Indication Request Form we will seek indicative terms from a range of Insurers in the market, giving you alternatives and choices to consider as well as factoring for budget purposes.

Stage 3

Consultation

We will consult with you so that the features and benefits of what is being proposed are fully understood. We will appraise the different Insurers’ policy wordings and discuss the available cover options.

Stage 4

Firming up an Indication and getting a Policy issued

If and when you want to firm one or more Indications up into binding Quotations, we will steer you through that process keeping it as simple and streamlined as possible.

Stage 5

Ongoing risk management

Ours is an ‘end to end’ service, so we offer ongoing advice and assistance in the event of a circumstance or claim that needs to be notified to the Insurer.