Application Fees

In the press Submit an application

Complex Litigation Specialty Risks Collective Actions

  • Large limits ATE for own costs and adverse cost insurance
  • Contingency Fee Insurance Learn more
  • Appeal risks cover Learn more
APPLY HERE

SME Disputes

  • ATE insurance for own costs and adverse costs under £1m
  • DBA Insurance for law firms under £1m Learn more
  • Erso Capital – Special SME Fund for cases needing funding under £500k
APPLY HERE

Accelerate ATE Portal

For cases requiring under £250,000 of cover for adverse costs & own disbursements

Obtain terms and pricing in 24 hour from the leading A-rated providers

APPLY HERE
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General Enquiries

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There are only two circumstances where we may seek to charge an application fee prior to accepting an engagement.

1. Where a direct approach has been made to insurers/funders or another broker

We are paid by whichever insurer or funder our client ultimately accepts an agreement with, which will usually be from whichever option proves to be the most competitive offer for the client.
This means our remuneration is contingent upon our sourcing the funding/insurance but is also typically contingent upon the case proving successful i.e. since the funders and insurers are usually only paid if the case succeeds, so too is our commission.

Because we do not charge any application fee to the client we need to ensure we have a clear run to approach whichever insurers or funders we believe are most suitable for the case in question. Were clients to pick and choose which markets they approach directly, our team could end up doing significant work without a return.

Similarly, where a case has already been rejected by a funder/insurer and is then later presented to us, the chances of securing offers can diminish i.e. because any subsequent funders/insurers will want to know if the case has already been rejected elsewhere.

Remuneration aside, it can become incredibly cumbersome for engaged lawyers to deal with the various responses coming from different directions and can often lead to duplication and therefore cost. For this reason we prefer to manage the whole process and ensure a streamlined and organised approach.

2. Where our team believe the chances of securing funding or insurance are less than 50%

Occasionally a case can be presented to us where we simply believe the likelihood of securing offers of litigation funding or ATE insurance are remote.

It could be because the case is uneconomic for funding, it has already been rejected elsewhere or perhaps it’s simply a case we know from experience is unlikely to be of appeal to our funding and insurer markets.

However, if notwithstanding our advice the client still wishes to make the application, then we can do so but only on the basis of agreeing a reasonable application fee.

Please contact us for more details

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