After-the-event (ATE) insurer Keystone Legal has launched an ‘emergency’ version of its SafetyNet and Bespoke ATE insurance products to help deal with the demand from solicitors to have cover in place before 1 April.
Keystone’s ‘Emergency’ ATE policies are designed to help cover cases where solicitors will not have time to fully ascertain the overall prospects of success or complete BTE checks.
It said emergency cover could also be particularly useful for a solicitor who is taking on new clients just before the 1 April deadline and who needs an ATE policy in place at once.
Andy Parker, managing director of Keystone Legal, said: “Emergency cover is primarily aimed at solicitors with more complex cases that typically require a significant time investment from our underwriters. Due to the current extremely high volume of requests for cover, rather than say ‘no thank you’ to firms, we may be able to offer emergency cover as an interim solution prior to subsequent review after 1 April.”
The company, which is a Litigation Futures sponsor, is also opening over Easter to respond to any last-minute requests for cover. It will be open from 10am-4pm on Good Friday and Easter Satuday, and midday to midnight on Easter Sunday, after which the recoverability door closes.
For details on the emergency cover, see here.