Process
How Litigation Insurance Works
From confidential enquiry to placement, and through the life of the matter.
How does litigation insurance work?
A matter is reviewed in confidence, the exposure is framed into an insurable structure, and the risk is presented to appropriate underwriting markets. Indicative terms are compared on limit, attachment and conditions. Cover incepts only once wording, deeds and conditions precedent are agreed.
Key points
- Enquiry, risk framing, market engagement, terms, placement.
- Underwriting turns on merits, quantum, costs, enforceability and counterparty.
- Conditions precedent and reporting obligations run through the case.
- No cover exists before a policy is issued.
The sequence
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What we need from you
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What underwriters assess
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Through the life of the case
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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.