Global
Litigation Insurance in Australia
Security applications against funded claimants can be routine.
How can litigation insurance work in Australia?
Security applications against funded claimants can be routine. That can shape which exposures dominate — security for costs, group proceedings, costs shifting — and therefore which structures may be considered. Availability, admitted status and enforceability of any instrument depend on the forum and on policy terms, and are confirmed matter by matter, subject to underwriting.
Key points
- Potential risk: Security for costs.
- Potential risk: Group proceedings.
- Potential risk: Costs shifting.
- Structure may follow the procedural rules of the forum, not the parties' nationality.
Common risk types
Content slot — the exposures that recur in this forum.
Relevant products
Content slot — the structures most often used here and why.
Key considerations
Content slot — procedural, regulatory and enforcement points to confirm before proceeding.
Enforcement
Content slot — how recovery and enforcement affect the insurable position.
General information only. This page is not legal, financial, investment or insurance advice. Any insurance is subject to underwriting and to the terms of the policy wording issued.
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