By Sukhbir Kaur, Senior Underwriter (Estimated reading time: 4 minutes 13 seconds) Unfortunately, sometimes a professional gets it wrong. A service provided falls short, they fail to perform their duties to the levels expected and cause financial or reputational harm to a client resulting in the need for legal action. In professional negligence claims, ATE insurance […]

Temple was approached directly by an Insolvency Practitioner (IP) to provide After the Event Insurance in a case where the IP was investigating a former director for misfeasance. Case background X was a de jure director of a Company between January 2015 January 2017. It was claimed that when X was not a de jure director […]

By Sukhbir Kaur, Underwriter (Estimated reading time: 2 minutes 30 seconds) It is no surprise that during the life of a company all appears to work well and in most cases without a glitch. However those assigned to investigating the affairs of a company or other businesses will tell you that most fraudulent activities remain […]

By Sukhbir Kaur, Underwriter (Estimated reading time: 1 minute 35 seconds) Since 2022 there has been a sharp increase in the number of businesses that have become insolvent. In this article we look at the possible reasons for this. According to the Office of National Statistics more than 1 in 10 UK businesses reported a […]