Department profile
Ignite Specialty Risk Ltd

Litigation Insurance Underwriters

Litigation Support Guide 2026 : USA - Nationwide


Ignite Specialty Risk Ltd

Rankings

Chambers Review

Provided by Chambers

Litigation Insurance Underwriters - USA - Nationwide

Band 1

Band 1


What the Team is Known For

Ignite Speciality Risk was founded in the UK and expanded to the US at the end of 2023. It has rapidly established itself as a leading litigation insurance underwriter in the US market, having written USD360 million worth of policies in 2024 covering litigation assets with an estimated value of more than USD5 billion.

Work Highlights

Provided by Chambers

  • Ignite Specialty Risk provided USD103 million of insurance coverage to a funder in relation to its purchase of a portfolio of claims held by a not-for-profit healthcare system.

Strengths

Provided by Chambers

  • Ignite Specialty Risk have filled a void in the US market. They are willing to take risks to make deals happen, are extremely commercial and very transparent before they underwrite and charge their fees. They know what it takes to get the deal done.

    Litigation Insurance Underwriters respondentLitigation Support
  • Ignite Specialty Risk is on the cutting edge of the contingency insurance industry. Ignite is one of the only insurance companies that offers these policies and it is ahead of the competition both in terms of sourcing and structuring deals.

    Litigation Insurance Underwriters respondentLitigation Support
  • Ignite Specialty Risk has strong technical expertise, stellar communication and relationship-building. They have a strong presence in the field and are always commercial and solution-oriented.

    Litigation Insurance Underwriters respondentLitigation Support
  • Ignite Specialty Risk is extremely responsive and quick, but is also one of the most thorough underwriters in the space. Whether it's a small deal that needs to get done quickly, or a large one that's going to require a heavy lift and creative structuring, Ignite is often my first call. Ignite is also commercial and a good-faith negotiating partner.

    Litigation Insurance Underwriters respondentLitigation Support
  • Ignite Specialty Risk is one of the strongest, if not the strongest, litigation insurance underwriter we have worked with in the space. Throughout the organization, Ignite is committed to deeply understanding the matters, the risks and all of the various pieces of the deal to ensure that if the matter does proceed, it has been thoroughly vetted.

    Litigation Insurance Underwriters respondentLitigation Support

Notable Practitioners

Provided by Chambers

  • Band 1Ankit Patel
    Band 1Ankit Patel

    Ankit Patel

    Ankit Patel recently joined the team at Ignite from Liberty Global Transaction Solutions. Patel is head of US intellectual property underwriting at the firm.

    • Ankit Patel is great to work with. He focuses on IP and is very technically skilled. He is one of the brightest minds in the IP insurance space.

      Litigation Insurance Underwriters respondentLitigation Support
    • Ankit Patel is my day-to-day contact and always provides me with everything I need.

      Litigation Insurance Underwriters respondentLitigation Support
    • Ankit Patel is a great partner to lock in with and to figure out how to solve the client's problems with some very unique and creative solutions.

      Litigation Insurance Underwriters respondentLitigation Support
  • Band 1Nicole Silver
    Band 1Nicole Silver

    Nicole Silver

    Nicole Silver is Ignite's lead underwriter and head of US operations. Silver is a former litigation attorney with experience at large defendant-side law firms, and she also has experience as an investment manager at a litigation funder.

    • Nicole Silver is a leader in this field. She is at the heart of an industry that looks to her for guidance.

      Litigation Insurance Underwriters respondentLitigation Support
    • Nicole Silver is whip-smart, commercially-minded and doesn't miss a thing.

      Litigation Insurance Underwriters respondentLitigation Support
    • Nicole Silver is an absolute delight to work with and has quickly become indispensable in this space.

      Litigation Insurance Underwriters respondentLitigation Support
    • I routinely work with Nicole and she offers the great combination of practical insight with deep subject matter understanding.

      Litigation Insurance Underwriters respondentLitigation Support
    • Nicole Silver is an excellent underwriter, combining technical expertise with commercial and industry experience.

      Litigation Insurance Underwriters respondentLitigation Support

Ranked Individuals at Ignite Specialty Risk Ltd (2)

USA - Nationwide

Members

Provided by Ignite Specialty Risk Ltd

Ignite Specialty Risk Ltd has rankings in the following guides

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