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.

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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

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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

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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

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?

Common FAQs

Some of the key questions about arbitration insurance.

The process is straightforward. Complete a Proposal Form and send it to us together with any key documents that will help our underwriters assess the case. We may ask you some questions about the case or ask to see some more documents. Once we are happy that the case enjoys 60% chances of success, we will send out a formal quote. All you need to do is accept the quote and your client will be on cover.
Premiums do vary depending on the type of case and the amount of cover you need to be able to pay your client’s own disbursements and the other side’s costs if the claim fails. Generally, premiums are between 15% and 50% of the amount of cover. Early on in the underwriting process we will give you a non-binding indication of the premium so you and your client can take an early decision about insurance.
You will need our consent to issue proceedings and to make, reject and accept offers. However, we take care and time to assess cases at the outset so we do not have to re-consider the case each time you come to us to ask for our consent. We aim to “stay the course” but, as can happen, if the case changes and becomes more difficult, we have to keep a careful watch. We work with good lawyers with the right experience and always recognize that they are best placed to reach the right decisions. We will give you as much latitude as possible when negotiating. You can always ask for a delegated authority scheme and become a coverholder. As a coverholder you will have control over your cases and will not need to ask for consent as the case progresses. We still ask you to contact us if things go wrong but the aim is to let you assess the cases from the outset, insure and then run them.