What is After the Event (ATE) Insurance?
ATE insurance protects individuals or organisations with a justified claim from the high cost of litigation if the claim is unsuccessful or abandoned. Defendants can also obtain ATE insurance in certain limited circumstances.
ATE insurance offers peace of mind and confidence to the claimant by removing the threat of potentially devastating financial loss and allowing the case to be taken to trial if a reasonable settlement can’t be achieved.
Personal Injury / Clinical Negligence Cases
Even with QOCS (Qualified One-way Costs Shifting), ATE insurance still has an important role to play in protecting the claimant from the high costs of expert reports and failure to beat a Part 36 offer.