Continued Service Commitment

Covid-19 is impacting businesses across the globe. We wish to assure you that BridgePoint remains open for business and committed to maintaining the unparalleled standard of service to which our clients are accustomed. As a business exempt from Covid-19 mandatory closures, please be advised that we remain fully operational across the country and will continue to meet the needs of our valued clients throughout this crisis without interruption. Read more ›

    
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Legal Cost Protection to Change Canadian Litigation

Legal Cost Protection to Change Canadian Litigation

September 3, 2014 | Bridgepoint Financial |Posted in News

"Just as ATE insurance has become a standard part of the retainer process in the U.K., BICO expects that legal cost protection will become an integral part of the retainer process in Canada"

Irwin Mitchell, a leading U.K. law firm, has recently reported that it has been retained to act in a number of professional negligence actions against lawyers by commercial clients who were not advised about the availability of “after the event” insurance (also known as ATE insurance). ATE Insurance in the United Kingdom is similar to legal cost indemnities offered by our company, BridgePoint Indemnity Company (BICO) in Canada, that protects clients against adverse cost exposure in the event they are unsuccessful prosecuting their claims (plus the option to purchase protection for their counsel’s own costs or disbursements).

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