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In the U.K., TheJudge has been arranging adverse costs insurance (also known as after-the-event insurance) and brokering litigation funding. The company entered into an agreement with legal expense insurance boutique broker Justice Risk Solutions to acquire its business and it has now become the Canadian office of TheJudge. Justice Risk Solutions specialized in arranging adverse costs, disbursement financing and after-the-event insurance in the personal injury and medical malpractice arena. “They had the presence in Vancouver and we see it as a very interesting marketplace,” says Amey. “We plan to introduce ourselves to as many Ontario litigators as we can, expecting that Toronto may yield some early successes, but certainly Vancouver will be just as interesting in the short term.” Legal expense insurance specialist and lawyer Nick Robson will join TheJudge Canada as vice president and general counsel, along with Scott Smith, who has a long-standing career in complex insurance structuring. As well, Simon Tucker, who was formerly an underwriter at specialist legal expenses insurer DAS Canada, will serve as an associate director at TheJudge Canada. “Arbitration counsel is an area we think we will find a quick and positive response from because, with Toronto as a hub for dispute resolution, it is hoping to increase its profile in the arbitration world and I think funding and insurance options always serve to help arbitration communities develop and expand their role,” Amey says. In addition to arranging funding and insurance products for commercial litigants, TheJudge will offer a selection of specialized risk products including attorney fee insurance for corporate claimants seeking a “more cost-effective solution to manage legal expenses” as well as contingency fee insurance for commercial litigation law firms seeking to manage risk when engaged on a contingency fee basis. But it’s the possibilities such insurance products can offer in-house departments that also has Amey excited about the Canadian market.
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