Commercial After The Event Insurance

LPS Commercial Limited (LPSC) specialise in After the Event Insurance providing security and confidence for clients pursuing a claim for compensation for Commercial disputes.

The prospect of becoming involved in litigation can be daunting. A potential claimant may have concerns about whether the case will reach a successful conclusion, and worries about potential liability for opponent’s costs and their own disbursements, are likely to be paramount.

As their respective legal costs escalate, the parties will be acutely aware that the substantial costs of funding their case will at least be matched by those of their opponent. Furthermore, unless the case settles before trial, the losing party will almost certainly face the prospect of bearing responsibility for the legal costs of both parties. Commercial Litigation ‘After The Event’ Insurance (Commercial ATE) will provide peace of mind for claimants and their representatives with regard to the financial risk of pursuing litigation.

Solicitors will be aware of the SRA rule 2.03(g) of advising clients of their cover options for Commercial Litigation. Comparatively few businesses have ‘Before the Event’ Legal Expenses Insurance and such cover is often fairly restricted. The products that LPSC can provide ensure excellent cover for your clients who do not already have the benefit of an existing policy.

LPSC can provide innovative and effective After the Event Insurance for your clients with a completely free, no obligation panel membership which benefits from free application processes and normally a two working day turnaround on fast track quotes.