Daily Insurance Industry News
 
 
Daily Insurance Industry News
Wednesday 18th of July 2018
October 22, 2010

Case Funding Limited secures FSA authorisation

by Gill Montia

Story link: Case Funding Limited secures FSA authorisation

Case Funding Limited, which specialises in After The Event Insurance (ATE), Before The Event Insurance and Litigation Funding, has been authorised by the Financial Services Authority (FSA).

The firm has plans to add a range of new products within the next six months, ranging from an ATE product for solicitor clients, to Professional Indemnity (PI) insurance for solicitors.

Regarding the authorisation, the company’s managing director, Alan Burdett, explains: “We have decided that as our company goes from strength-to-strength we want to offer our clients complete peace of mind and seeking FSA regulation was a natural next step in our expansion plans.”

The legal PI market is in need of fresh competition, premiums having soared in recent years because claims tend to increase during times of economic uncertainty.

In addition, legal firms focused on real estate business have been singled out for a specific loading because of fears of mortgage fraud.

 

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