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Commercial arbitration insurance cover – ‘Arbitrate’
Cover the risk of an arbitration award of costs and give your client the protection they need
Litigation insurance cover for commercial arbitrations
As experienced commercial litigators know, arbitration offers a discrete dispute resolution alternative to court proceedings. For those clients who might prefer to issue a claim, they may well find themselves bound by a contractual arbitration clause or in a position where they have to respond to a request for arbitration.
The Temple Advantage for Commercial Arbitration Cover
The good news is that Temple’s market leading Litigation Insurance (ATE) is available to insure anyone involved in an arbitration, whether as a claimant or a defendant.
- Our ‘Arbitrate’ Litigation Insurance provides cover against the risk that if you are unsuccessful in an arbitration you will have to pay your opponent’s costs and not be able to recover your own disbursements.
- ‘Arbitrate’ also provides cover for the Arbitrator’s fees and venue hire.
- Premiums are competitive, deferred until settlement or the conclusion of the arbitration and contingent upon success.
For clients we insure we can also offer disbursement funding. For the latest competitive rates, please contact Temple. We can fund arbitrator’s fees, venue hire, experts’ fees and other disbursements.
How We Work With You
Our underwriting process is simple and straightforward. We’ll send you a proposal form, you tell our experienced underwriters all about the case and if it’s the right case for us we will offer terms. We will then work with you during the life of the arbitration. If things don’t work out, our claims process is equally simple and straightforward.
We can offer cover of £2m and more for the right case.
Ready To Take The Next Step?
Check your case in 48 hours. The Temple Case Checker (TCC) is a fast, free, no-commitment service for commercial litigators.
- Try before you buy: Get an expert opinion on insurability without a full proposal form.
- Rapid Response: We provide an initial indication of terms within 2 business days.
- Zero Cost: Save your billable time and your client’s money.
Bespoke Underwriting
For complex cases, our experienced team provides quick, commercial decisions to get your funding in place.
Chartered Excellence
As a Corporate Chartered Underwriting Agent, we operate to the highest professional and ethical standards in the UK.
A-Rated Security
Backed by Intact Insurance UK Limited, providing global financial strength for your peace of mind.
Temple Legal are brilliant. Jamela and her team have a deep understanding of litigation and legal risk. They are responsive to client requirements throughout and have developed a user-friendly platform for case updates.
Securing ATE insurance cover from Temple Legal provides enormous comfort to libel defendants. It is a key factor in their decision to defend claims against them as it insulates them from the risk of paying opponents’ legal costs.
We look forward to working with Temple Legal again soon.
David RomainEgality Law LLP
We and our clients have used Temple for ATE insurance on many occasions. Most recently we acted for a liquidator pursuing claims to recover assets for the liquidation estate. After lengthy and heavily contested litigation, ultimately settlement was achieved at mediation. That settlement was only possible with the assistance of Temple’s direct, pragmatic and commercial approach. This was much appreciated by both us and the client.
Matthew KellyFreeths Solicitors
Wilson Browne Solicitors have a long-standing arrangement with Temple Legal Protection to provide litigation insurance cover for our property litigation clients. It is extremely straightforward to use, the policy quite simply works and it is comforting for clients to have the option of disbursement funding in addition. All in all the whole thing is a bit of a ‘no-brainer’, especially for clients who are naturally concerned about the financial risks when undertaking litigation. Once in place the policy gives both us and clients great peace of mind: it allows us to get on and deliver on our promise of being “all the help you need.
Kevin RogersWilson Browne Solicitors
Resources & Downloads
Access the technical documents and application forms you need to secure ATE insurance and disbursement funding for your clients
Commercial Client GuideReady to protect your litigation?
Our specialist commercial underwriters are ready to review your case or discuss a delegated authority scheme for your firm today.
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Common FAQs
Some of the key questions about arbitration insurance.