REUTERS | Lucy Nicholson

Whilst most funding and insurance products have been designed with the claimant in mind, there are solutions that can be applied to defence situations. As with claimant cases, it is important to consider whether the aim is to relieve the cash flow burden of paying the legal fees in defending the claim, or whether the key objective is to ring fence the business’ liability to a fixed sum for budgeting purposes or to appease shareholder concerns about the potential of a catastrophic loss. Continue reading