Sometimes we forget that the After the Event (ATE) insurance market is only two decades old. The ‘pause’ in our businesses over the last five months has given us all a chance to reflect on what’s happened over this time and anticipate what’s to come.
Since Covid-19, we’ve seen aspects of our lives shift towards digitalisation which has certainly been felt in the legal space as law firms and chambers moved into a virtual environment when lockdown began. But are the virtual courts here to stay?
Now 2020 is in full swing, you may have noticed that the crowds at your gym are starting to ease off and that it’s feeling less busy. But what about if you’re essentially having to queue to use machines or you decide you want to end your membership?
‘Lawtech’ is an increasingly used buzzword in the legal industry as more and more firms switch on to the potential it has. Not to mention the huge amount of investment that’s driving the industry forward at quite a pace!
What is Before the Event (BTE) insurance, Mike Wildy discusses the BTE insruance market in this 2 part series.
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