Specialist underwriting for commercial legal risks.

Commercial Legal Indemnity insurance protects against identified legal risks that could affect the ownership, development, occupation, funding, disposal or value of an asset.

From routine title defects to highly complex contingent legal risks, MX Underwriting provides specialist underwriting backed by commercial judgement and bespoke policy wordings. Whether you're placing a routine Legal Indemnity risk or a case that's fallen outside standard market appetite, our underwriters will work with you to find a solution.

 

Why MX?

Whether you're placing a straightforward Legal Indemnity risk or a more complex case, our underwriters take a practical, commercial approach to finding a solution.

We underwrite commercial Legal Indemnity risks and can also consider cases that fall outside standard market appetite, including:

  • Complex legal analysis
  • Unusual ownership or transaction structures
  • Incomplete or imperfect factual backgrounds
  • Claimant dynamics that influence the risk profile
  • Situations where the insured needs to actively manage risk after inception

Agreed Conduct

In most Legal Indemnity policies, engagement with a potential claimant in relation to an insured risk may prejudice cover. Where appropriate, our Agreed Conduct policy structure can permit agreed engagement with third parties after inception, subject to the agreed excess and the policy terms and conditions.

This can help align insurance with the insured’s wider risk mitigation strategy and commercial objectives, particularly where proactive management of the underlying issue may be desirable.

Who we work with

We regularly support brokers and advisers acting for:

Property developers

Investors

Investment funds

Lenders

Property owners

Buyers and sellers

Real estate clients

Infrastructure businesses

Energy sector clients

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