ATE as a disbursement

Innovative to the end, Claims Direct had set up a new, and safer, model of premium finance. Agreement with Isle of Man Assurance (IOMA) to market their after-the-event legal expenses LitigationPlan in conjunction with a CFA included the feature of acquisition of the client’s policy by his solicitor as a disbursement, thereby removing the need for the client to take out a purchase loan.