With complex commercial cases now within its scope as well as smaller matters, the ever-evolving insurance market is a mitigation measure worth exploring…

After the Event (ATE) Legal Expenses insurance has been rapidly evolving, with positive implications for both policy wordings and the limits of indemnity. In fact, the market is seeing a shift in focus from small personal injury and small commercial ATE Legal Expenses insurance towards highly complex commercial cases. Clients from larger law firms are requesting litigation funding and insurance to manage their risks. The purchase of such insurance is no longer seen as purely binary. For example, some clients buy 70 per cent coverage for their opponents’ costs exposure and 30 per cent of risk sits within their tolerance and risk appetite.