Financial mis-selling litigation insurance

Financial Mis-Selling Litigation Insurance

Financial mis-selling litigation insurance can be used for many kinds of financial mis-selling and related professional negligence disputes, which involve the mis-selling or mismanagement of a financial product or service which leads to financial loss. Clients may have lost a portion of their pension fund or their business might be under pressure because they were sold an expensive and unsuitable financial product.

We have considerable experience and expertise in financial litigation and partner with a number of leading litigators across the country.

Our products can enable claims to proceed which might not previously have gone ahead and provide access to justice for a wide range of clients. The victims of financial mis-selling are often up against large and well resourced defendants. Our litigation insurance puts them on an equal footing and enables them to pursue claims they might otherwise have abandoned.

Financial Litigation Case Types:

Financial mis-selling claims
Trustee disputes
Financial services negligence
Contractual disputes

The Temple Advantage

Our experience of financial litigation is considerable and our reputation for excellent service is second-to-none. The products we offer reflect our commitment to listening to our clients and providing the best tools to promote access to justice.

Litigation insurance for financial mis-selling disputes is available to claimants and defendants alike
No upfront cost of obtaining litigation insurance – and also we do not charge an assessment fee
Payment of the premium is deferred until the conclusion of the case and is contingent on a successful outcome.
Insured clients will have access to disbursement funding from Temple Funding, a subsidiary of Temple Legal Protection. This can be used to fund, without risk to your client, the court issue fee, expert reports and mediation.

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.

Check your case in 48 hours

Resources & Downloads

Access the technical documents and application forms you need to secure ATE insurance and disbursement funding for your clients

Commercial Solicitor Guide to ATE Insurance Commercial Proposal Form

Commercial Disbursement Funding Guide Commercial Solicitor Application Form

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

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

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

Ready to protect your litigation?

Our specialist commercial underwriters are ready to review your case or discuss a delegated authority scheme for your firm today.

Prefer to reach out directly?

01483 577877

Common FAQs

Some of the key questions about financial mis-selling litigation.

How does Litigation Insurance for financial mis-selling litigation work?

Traditional legal expenses insurance is often referred to as Before-The-Event or ‘BTE’ cover. Litigation insurance for financial mis-selling claims is used by solicitors and is commonly known as After-The-Event or ATE insurance. The latter is the technically correct term but your clients may better understand ‘litigation insurance’. Whichever terminology you favour, it is a tailored policy put in place with the specific objective of protecting your client from having to pay the opponent’s costs and their own disbursements if they lose their claim.

Who pays for the litigation insurance?

The client. This is usually deducted from the damages recovered. However, our insurance premiums are always fully deferred until successful conclusion of the matter. If the matter is unsuccessful then the premium will not be payable, but we will pay the opponent’s costs and your client’s disbursements.

At what point is the litigation insurance policy purchased?

The litigation insurance policy is purchased after a legal dispute arises. The best time to send a case to us is as soon as you have been able to adequately assess the merits of the claim. Usually, this is after your investigation and the pre-action correspondence has been completed, and before proceedings are issued. However, cases can be referred to us at any stage.

Do you want Counsel’s opinion?

Not at the outset. We would like a case summary from you – to include the background facts of the case, the strengths and weaknesses of the case, how any weaknesses might be overcome, and your overall view of the merits.

What are the benefits of litigation insurance?

ATE provides numerous benefits to clients wishing to pursue a legal action.

Claims can be pursued to their fullest extent
Litigation Insurance removes the risk of having to pay the opponents legal costs if the dispute is pursued unsuccessfully
It mitigates the clients own expenditure on disbursements etc
It provides protection from interim costs orders