Don’t delay ATE insurance applications
The end of premium recoverability for ATE insurance is fast approaching with the LASPO act due to come into force in April 2013. However, there is still time to secure an ATE policy for your client’s case with the benefit of a recoverable premium.
As a commercial litigator we strongly urge you to allow a reasonable window for insurers’ due diligence. Commercial litigation and arbitration cases can require extra time for assessments, particularly where the matter is complex or large costs are involved.
We strongly encourage all litigators to consider ATE insurance for any present clients at the earliest stage possible to maximise the chance of your clients benefitting from the present rules. Contact an adviser at TheJudge to find out more or to discuss the options available for your case.