DAS UK choses MA UK as ATE insurance funder
DAS UK Group, the UK’s leading specialist legal expenses insurer, has agreed a collaboration with MA Legal Funding UK to provide an After The-Event (ATE) product that provides funding for legal disbursements.
MA Legal Funding UK is part of MA Financial Group which currently funds over £50m of disbursements across 22,000 individual matters globally. This agreement will help cement DAS UK as a leading provider in the ATE insurance market and is part of the continuing growth strategy for the business.
Commenting, DAS UK Head of ATE Carol Parsons said: “I am delighted that we have found a funding partner that shares similar values to ours. Both DAS and MA UK place the utmost importance on ensuring that our partner firms can prioritise access to justice for their clients through a stable and reliable funding solution that seeks to always protect clients damages”.
David Vine, MA UK Head of Sales said: “We are thrilled to be working together with DAS that brings extensive expertise and security to the ATE market.”
DAS UK ATE products can cover a full range of claim types including clinical negligence, personal injury, and civil/commercial litigation.
For more information on our ATE products please contact Carol Parsons - carol.parsons@das.co.uk
Authored by DAS UK
About DAS Group
The DAS UK Group comprises an insurance company (DAS Legal Expenses Insurance Company Ltd), a law firm (DAS Law), and an after the event (ATE) legal expenses division.
DAS UK introduced legal expenses insurance (LEI) in 1975, protecting individuals and businesses against the unforeseen costs involved in a legal dispute. In 2018 it wrote more than seven million policies.
The company offers a range of insurance and assistance add-on products suitable for landlords, homeowners, motorists, groups and business owners, while it’s after the event legal expenses insurance division offers civil litigation, clinical negligence and personal injury products. In 2013, DAS also acquired its own law firm – DAS Law – enabling it to leverage the firm’s expertise to provide its customers with access to legal advice and representation.
DAS UK is part of the ERGO Group, one of Europe’s largest insurance groups (the majority shareholder in ERGO is Munich Re, one of the world’s largest reinsurers).