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ATE insurance—making sense of the insurance premium tax increase

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Published on: 30 October 2015

Published by a LexisNexis Dispute Resolution expert

Table of contents

Original News
What is the change that is taking place?
What is the purpose of the change?
Are there any transitional arrangements lawyers should be aware of and, if so, how do they work?
What impact, if any, will the rise in the rate have on ATE insurance?
What does all this mean for lawyers and their clients? What should they do next?
How does this fit in with other developments in this area?

Article summary

Dispute Resolution analysis: From November 2015, the Insurance Premium Tax (IPT) is set to rise and will hit policies ranging from contents insurance to motor insurance. Jon Lord, senior costs lawyer at Civil and Commercial Costs Lawyers Ltd, examines the impact on after-the-event (ATE) insurance, and assesses the practical steps and considerations that lawyers need to bear in mind.

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