Insolvency & Bankruptcy
At Palladium Insurance, our expert team assess cases on an individual basis, offering tailored After the Event (ATE) insurance policies for insolvency and bankruptcy cases progressed by insolvency practitioners (IPs) and the solicitors they instruct.
We fully understand that, if you’re an insolvency practitioner, your duty is to maximise the return to creditors and therefore any legal action taken to recover monies must limit potential costs.
Therefore, it’s crucial, even if legal action has already commenced, as is quite often the case, insolvency practitioners are not put off by fear of what an ATE insurance policy may cost, and therefore will potentially come out of the estates’ remaining funds when the case is settled.
Here at Palladium Insurance our experienced business development team, underwriters and solicitors, assess all the risks associated with potential litigation, to arrange competitively priced ATE insurance for complete peace of mind.
Each case is considered on its own merits and is individually assessed. It’s a fast turnaround, aiming to give you a decision in principle within five working days from receipt of your completed proposal form.
We also offer a staged approach for our ATE insurance premiums, in line with stages of the cases litigation process. Our approach aims to be a pragmatic one, with all premiums deferred and contingent upon success.
If you’re a lawyer, or practice, and the insolvency practitioner instructing you has a case they’d that like you to pursue, talk to us as soon as you can, and our approachable, expert team will arrange the right ATE insurance without delay.
For more details email info@palladiuminsurance.gg or complete the enquiry form on our contact page.
