Alpha One Insurance Ltd, in conjunction with specialist legal expenses insurance broker Universal Legal Protection Ltd, is delighted to announce the availability of a new After the Event (“ATE”) Financial Irregularity Insurance Product.
It is underwritten by a recognized and fully authorized Guernsey based insurer and Alpha One acts as exclusive administrator handling and administrating this insurance product. It is available to Solicitors who intend to take on and run a reasonable number of Financial Irregularity Cases, and will be operated on a delegated authority basis.
Cover is for Opponent’s Costs, Own Side’s Disbursements and the cost of the ATE Premium itself.
The Premium is deferred until Conclusion of the Case.
The Premium is (also) staged and insured:-
But, if the Solicitor is bringing a Case purely under PPI mis-selling / mis-representation (Head of Claim 2. above), the Premium is only £395 plus IPT.
Also, if the Solicitor is bringing a Case purely under a defective credit agreement(s) regulated by the Consumer Credit Act 1974 (as amended) (Head of Claim 1. above), the Premium is only £395 plus IPT up to Stage 3.
For more information about this Product, or to apply for a Facility, Solicitors are encouraged to contact:-
David Pease tel: 0116 327 0201 or email: firstname.lastname@example.org