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Liability Risk and Insurance

Claims Direct

As the dispute on recovery of after-the-event premiums from the insurers of losing parties drags on, Claims Direct is planning to bring a series of test cases to achieve clear resolution. The current cost of cover – for those with an above 50% chance of success – is £1,312.50, but insurers argue this is unreasonably high and are refusing to pay up. They are also refusing to pay where there was a low likelihood of the claim ever reaching court.

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