Allianz Legal Protection (ALP) has partnered with Forster Dean Solicitors; a leading multi-disciplined law firm which offers a wide range of legal services to support claimants across the North West.
ALP will provide After the Event (ATE) insurance for personal injury and clinical negligence cases to protect customers against the disbursement and adverse cost risks associated with litigation.
A key feature of the partnership is that Forster Dean Solicitors will have access to ALP’s Paid as Incurred Disbursement model (PAID). This will allow them to make early claims for disbursements incurred and unlike traditional funding; it is available without interest or drawdown fees.
Forster Dean Solicitors will also have wide delegated authority, enabling them to support their clients without the distraction of onerous case by case reporting deadlines. This means that the experts handling the litigation are able to focus solely on matters affecting their clients, with the knowledge that adequate and effective insurance is in place.
Allianz Legal Protection’s senior business developer, Mike Wildy, commented: “We are delighted to be partnering with the legal experts at Forster Dean Solicitors and their independent broker QLP Limited. Allianz is committed to working with innovative, customer-centric law firms and this new relationship demonstrates that our products and services are attractive to both law firms and clients alike.”
Jon Else, finance director at Forster Dean added: “We are excited to be working alongside a global leader such as Allianz at a time when we are looking to take advantage of the many opportunities presented to us by the ever changing personal injury market.”
Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.
The Allianz Group is one of the world's leading insurers and asset managers with more than 86 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.3 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold a leading position in the Dow Jones Sustainability Index. In 2016, over 140,000 employees in more than 70 countries achieved total revenue of 122 billion euros and an operating profit of 11 billion euros for the group.