In certain jurisdictions, an adverse outcome can expose the claimant to an order to pay opponents costs. Harbour can give unique access to an A-rated panel of insurers who will protect against this eventuality by providing a bespoke insurance policy that pays out should adverse costs be awarded. Such a policy is known as ‘After the Event Insurance’ or ‘ATE’.
Cover can be organised quickly and at advantageous rates. When the Harbour Funds are also investing in the claim, the premium for the insurance is included as part of the funded costs.