What is ATE Insurance?
After The Event Insurance is a single risk policy providing a pre-arranged amount of cover for:
The availability of and rates for ATE insurance are case-specific. The risk, (the need to sue), has already arisen. The underwriter sets the rate by investigating the claim and assessing the prospects for and against the case winning.
The underwriter’s art is a mixture of legal experience, skill and the application of agreed risk parameters (the risk matrix), through which he can predict the likelihood of cases winning with a good degree of certainty at the preliminary stage.