Litigation Insurance Underwriters
Litigation Support Guide 2024 : UK-wide
Band 1
About
Provided by Litica
Litica removes risk & enables success.
Litica's mission is to provide comprehensive ATE & CFA / DBA insurance solutions, to enable the world’s major law firms to maximise their potential.
Solutions for case types
- securities litigation,
- professional negligence,
- group & class actions,
- insolvency proceedings,
- defamation & privacy claims,
- Inheritance Act & contentious probate claims,
- competition claims,
- contractual disputes, &
- partnership disputes, among others.
Categories of client services
- Law firms seeking flexible funding options & risk reduction
- Litigation funders who require insurance solutions
- Individuals to listed companies
Litica's highlights
- Underwritten over USD$1bn in insurance capacity globally
- Trusted by & underwrites on behalf of a large panel of leading A rated insurers
- 2023 Lawdragon Global 100 Leaders in Litigation Finance
- Global: London, Cologne & Sydney
- Strong in-house legal team with the largest number of legally trained lawyers in the market
Specialisations
- Tailoring ATE insurance to individual case requirements, with pricing structures that reflect the case merits
- Coverage against the risk of paying an opponent’s legal fees & reimbursement of disbursement insurance, including barristers’ fees
- Offers Contingency Fee protection (CFA / DBA), allowing law firms to ensure they are paid a proportion of their fees
- Provides own fees cover, allowing clients to recover some of the fees they have paid their lawyers
Chambers Review
Litica writes insurance across a range of litigation and arbitration risks in multiple jurisdictions. The firm works with many of the world's top-rated insurers. It has particular expertise in ATE, but can also write other types of specialist risk cover including portfolio deals and WIP insurance.
Strengths
Provided by Chambers
"I think they are regarded as one of the primary players in insurance. They have hired a series of people who have a deep understanding of the market but who are also litigators."
"They are incredibly hard-working, ambitious, and super-smart guys. They are very cooperative with funder and lawyer requests."
"They clearly have deep knowledge of the industry and are willing to use that knowledge to structure commercial arrangements that align the economics of all parties."
"I think they are regarded as one of the primary players in insurance. They have hired a series of people who have a deep understanding of the market but who are also litigators."
"They are incredibly hard-working, ambitious, and super-smart guys. They are very cooperative with funder and lawyer requests."
"They clearly have deep knowledge of the industry and are willing to use that knowledge to structure commercial arrangements that align the economics of all parties."
Notable Practitioners
Edward Yell leads Litica's Europe operation. He has extensive experience in providing ATE solutions across Europe and brings to matters his previous experience as a litigator.
"Ed Yell is simply outstanding."
Steven Bolster is co-head at Litica. He an experienced provider of ATE insurance policies, and is also a qualified solicitor.
"He's a very commercial operator, diligent and focused on getting deals done."
Steve Ruffle is a co-founder of Litica and an experienced ATE underwriter. Ruffle is often involved in high-profile leading cases.
"He's experienced and knows the market well."
Ranked Individuals at
Litica
UK-wide
Members
Provided by Litica
Daniel Quinn
Eliza Finch
Nicholas Marler
Philip Lomax
Stephen Bolster
Head of Department
Head of Department
Industries
Provided by Litica
Insurance
Law
Litigation
Underwriting