After the Event Insurance - FAQs - Prosperity Brokers
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After the Event Insurance FAQ’s

What is After the Event Insurance?

After The Event Insurance (ATE), is insurance coverage for legal costs and expenses involved in litigation.

Prosperity Insurance Brokers offers a wide range of ATE products – ranging from ATE for Personal Injury, Commercial Litigation and other specialists claims. Prosperity Insurance Brokers can also write bespoke policies as and when needed to suit your requirements; such as Executor Insurance.

What Kinds of ATE Products Does Prosperity Insurance Brokers Have Available?

Prosperity Insurance Brokers can provide After The Event insurance for a wide range of cases, including:

  • Personal Injury
  • Road Traffic Accidents
  • Public Liability
  • Employer Liability
  • Holiday Sickness
  • Industrial Disease
  • Clinical Negligence
  • Noise Induced Hearing Loss
  • Abuse
  • Cavity Wall Claims
  • Solar Panel Claims
  • Executor Insurance
  • Financial Mis-selling
  • Housing Disrepair
  • Asbestos and Cancer Claims
  • Commercial Litigation
  • Landlord and Tenant Disputes

We are also able to tailor bespoke policies for your specific needs, so do not hesitate to ask if you can’t immediately see your case described above.

Do I need After the Event Insurance?

We would strongly recommend that if you are involved in litigation it is important to have ATE insurance to protect against adverse costs which may be incurred if you are unsuccessful in the proceedings. It is not a legal obligation, but the protection After The Event Insurance offers is substantial. Pursuing or defending oneself against a claim always comes with an element of risk, and, should you lose your case, being uninsured can prove disastrous. Legal cases can also be extremely stressful, so knowing that your possible expenses are covered can prove a huge relief and a weight off your mind throughout the proceedings.

When should I take out After the Event Insurance?

Most commonly, the very best time to obtain After The Event insurance is right at the start of your claim, before any significant legal fees have been accrued. It’s often the case that your policy cannot cover amounts that have been spent before its start, so obtaining cover as a claim progresses can definitely prove more expensive.

Who pays the After the Event Insurance Premium, and When?

Most ATE insurance policies are payable at the end of a case when it has been concluded. However, there are a number of other options. Another is to pay the premium in full up front, or in two amounts – one as a deposit – usually of around 10% to 20% – prior to proceedings, with the rest to be paid after the claim’s conclusion should the result prove favourable. This final option, along with the more common approach of paying all after the case is settled, enables you to protect yourself against the possibility of overpaying. We at Prosperity Insurance Brokers are able to give consideration to a standard ATE policy premium if the case is insured at an early stage.

I’ve Been Offered a 'Hold Harmless' After the Event Insurance Policy. What is This?

You should not agree to purchase a Hold Harmless insurance policy in place of an After The Event insurance policy. The two are not interchangeable, and a Hold Harmless Policy will offer you no protection whatsoever – it simply means that the insurer and the solicitor have discussed the policies and the legal representative has promised them that they will accept a sizeable commission and, in return, will not make claims on the policies in question. Always double check that your policy consists of After The Event insurance cover under no other name.

Does After The Event Insurance Cover Only One Claimant in a Case With Only One Defendant?

This does not have to be the case at all. Because Prosperity Insurance Brokers offers bespoke options when it comes to their After The Event Insurance policies, you are welcome to discuss your requirements with our team however complex they are, including the possibility of cover for a case with multiple claimants or defendants.

How Can I Arrange After The Event Insurance Through Prosperity Insurance Brokers?

If you’re interested in using us as your insurers as you prepare for your court case, we will be more than happy to speak with you. All you need to do is to contact our team by phone on 01481 254954, via email on info@prosperitybrokers.co.uk or through our online contact form, which you can find on our website, just here. When you get in touch with us, we advise that you explain your case to us in as much detail as possible, so that we can tailor the perfect policy for your needs – giving you peace of mind and preventing any issues further down the line.

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