After the Event Insurance
After the Event (ATE) Insurance Reinsurance Solutions
At Total Risk Managers, we understand the crucial role After the Event (ATE) insurance plays in mitigating financial risks for litigants and legal professionals. ATE insurance provides essential protection in the event of an unsuccessful legal claim, covering costs such as opponent’s fees, own disbursements, and other legal expenses. As a global reinsurance agent and wholesale broker, we partner with insurers to deliver robust, tailored ATE reinsurance solutions.
What is After the Event Insurance?
After the Event insurance is purchased after a legal dispute arises but before proceedings are concluded. It offers financial security to claimants, defendants, and legal professionals by covering adverse cost risks if the case is lost or settled unfavorably.
This insurance is commonly used in:
- Personal injury claims.
- Commercial litigation.
- Insolvency proceedings.
- Class actions.
ATE insurance involves unique challenges, including high claim frequency and the unpredictability of legal outcomes. Our reinsurance solutions are designed to:
- Help insurers manage exposure to high-cost legal disputes.
- Provide capacity to support significant and complex litigation risks.
- Enhance insurers’ ability to offer competitive and comprehensive ATE policies.
Industries and Sectors Covered
ATE insurance applies across various sectors, and we support insurers providing coverage for following sectors but not limited to:
- Legal Practices: Enabling firms to reduce financial exposure for clients.
- Corporate Entities: Covering litigation risks in commercial disputes.
- Insolvency Practitioners: Protecting claims made during liquidation or administration.
- Financial Services: Addressing disputes arising in banking, insurance, and investment sectors.
- Medical and Clinical Negligence Claims: Managing risks in healthcare-related litigation.
Why work with us
Global Reach
Industry Expertise
Customized Solutions
Proactive Risk Management
Partner with us
In a landscape of increasing legal complexity, Total Risk Managers equips insurers with the tools to navigate the risks of ATE insurance confidently. Our solutions provide the stability and capacity insurers need to expand their offerings and protect their clients effectively.