What is ATE?

After The Event Insurance (ATE Insurance) is insurance which covers the legal costs and expenses involved in litigation.

The Woodville ATE structure differs in that the loan is made directly on a case by case basis to the Solicitor with full assignment rights over each and every case. The Solicitor is charged a flat monthly rate of Interest and a typical loan term is 6-9 months. The loan is repaid by the Solicitor once the case has settled.

The Company utilises Investors' funds to onward lend as litigation finance loans to UK Solicitors. The Company intends to focus on providing this loan capital to fund their case acquisition, associated disbursements and work in progress (WIP) which are fully insured at the point of entry for Woodville.

Types of claims covered

The most common After the Event Insurance policy being offered is for clients who have been involved in a Road Traffic Accident.

Other ATE Claim types:

  • Housing Disrepair
  • Financial Mis-selling
  • Cavity Wall Insulation
  • Knotweed Cases
  • Dental Negligence
  • Cosmetic Claims
  • Solar panel Claims
  • Tenancy Deposit Claims