Specialist underwriter of commercial litigation ATE
Third-party funding provides the cash claimants need to properly resource significant litigation cases.
The underwriting process is efficient and focuses on the key issues to provide the best insurance solution for the litigant swiftly.
Lakehouse underwrites on behalf of AXIS Specialty Europe SE, part of the AXIS insurance group, rated A+ by both Standard & Poor's and AM Best Rating Services.
Michael Lent, a solicitor, was a commercial litigator for many years in private practice and has spent the last decade underwriting and funding commercial litigation, now leading underwriting and policy administration for Lakehouse.
Significant cases require substantial work to ensure they are conducted properly. If a claimant lacks the resources to invest in litigation, often because of the defendant's behaviour, or wishes to use their cash elsewhere, third-party funding provides the cash needed to properly resource the case.
Third-party funders need ATE insurance to protect themselves, as well as the claimant, from liability for adverse costs. Lakehouse works with funders to provide the funding and ATE insurance needed, or can introduce firms and their clients to funders best suited to their type of claim.
Where claimants struggle to pay expensive Court fees and expert witness reports, even with a 'no win, no fee' or damages-based agreement, we can introduce funders offering financial assistance, including on an interest-only basis, to achieve the most efficient route to justice.
Get in touch with Lakehouse to discuss your ATE insurance needs.
