Firm Profile

VALE Insurance Partners

Litigation Support Guide 2024

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Litigation Support

VALE Insurance Partners

VALE Insurance Partners

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About

Provided by VALE Insurance Partners
Litigation Support

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

UK - Head office

VALE Insurance Partners rankings

Litigation Support Guide 2024
UK-wide
Litigation Insurance Underwriters
1 Department
1 Ranked Lawyer
Department
Litigation Insurance Underwriters
1
Litigation Insurance Underwriters
1
Band 1
Lawyers
Steven Rajavinothan
2
Steven Rajavinothan
Head of Litigation Insurance Underwriters
2
Band 2