This Practice Note, produced in partnership with Sanjay Desai, head of litigation risk solutions at Marsh, discusses After-the-Event (ATE) insurance, more particularly: what it is, what it will cover, the size of the ATE insurance market, the impact of the Insurance Distribution Directive, when an ATE insurer should be approached, the different ATE insurance premium types, whether an ATE insurance policy can stand as security for costs, the position concerning multiple defendants, and issues to consider where a claim is being funded by a litigation funder.