VALE Insurance Partners
Litigation Support Guide 2024
About
About
Established in 2014, VALE Insurance Partners is a Managing General Agent that writes insurance policies on behalf of its A-rated insurance carrier partners. VALE is a leader in underwriting transactional risk insurance products including in relation to: Contingent & Litigation, M&A, Intellectual Property, and Tax risks.
VALE’s Contingent & Litigation Risk underwriting team consists of former litigators across the U.K. and the U.S. with significant private practice experience at top law firms – between them, the team have litigated, or advised on, several hundred disputes.
Product offering
The Contingent & Litigation Risk team can underwrite insurance products including:
1. Legal costs-based products (ATE risks)
For example:
• Adverse costs liability insurance – which insures a party for adverse costs liability in arbitration or litigation.
• Own-sides costs insurance – which covers a party to a dispute from the risk of not recovering their own costs spent in that dispute
2. Legal damages-based products (“Contingent” risks)
For example:
• Adverse judgment insurance – which covers a defendant in a dispute from an adverse judgment or award.
• Judgment preservation insurance – which covers a claimant in a dispute from a first instance judgment or award being overturned or reduced on appeal.
3. Multi-case products (Portfolios)
• This is where the risk concerns the outcome of several different cases.
4. Capital protection (CPI risks)
• This is used to protect the capital investment in certain transactions such as a portfolio of litigation interests or IP-backed loans.
Underlying litigation and arbitration
VALE has the expertise to consider risks which concern a range of disputes including: group & class actions; competition and antitrust claims; securities actions; professional negligence claims; insolvency proceedings; intellectual property infringement and patent disputes; environmental actions; regulatory and licensing disputes; investor-state disputes; and contractual disputes.
Categories of clients
VALE has underwritten policies which have benefited law firms, litigation funders, lenders, investors, companies, individuals, and class representatives.
Work highlights
• VALE has experience underwriting risks across all four sub-product lines: (1) ATE, (2) Contingent, (3) Portfolio, and (4) Capital Protection risks.
• VALE operates a global platform with bases in New York and London and satellite offices globally (including in Madrid and Singapore), providing insurance in the U.K., Europe, the U.S., and the Asia-Pacific.
• VALE writes insurance on behalf of highly reputable insurance carriers, with established track records and excellent credit ratings of at least “A” or better.
• VALE regularly leads significant and complex towers and has worked on some of the largest ever placements in the market across a variety of contingent & litigation risk products.
Ranked Offices
Provided by VALE Insurance Partners
- London51 Eastcheap , London, Greater London, UK, EC3M 1JP
- Web: valeinsurancepartners.com
- View ranked office