Commercial Legal Indemnity insurance should be considered where an identified legal risk could affect the ownership, development, occupation, funding, disposal or value of an asset. It transfers the financial consequences of that risk rather than resolving the underlying legal issue itself.
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.
Our appetite
- Title defects and ownership issues
- Missing, defective or incomplete documentation
- Rights and easements
- Access issues
- Restrictive covenants
- Third-party rights
- Judicial Review risks
- Planning-related legal risks
- Other contingent legal risks affecting use, value, funding or disposal
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.
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FAQS
Cover may be available for title defects, restrictive covenants, rights of access, planning risks, judicial review exposures and other contingent legal matters, subject to underwriting.
No. The product is intended for commercial clients, transactions and developments but is not limited to commercial property. Risks relating to residential, mixed-use, commercial, infrastructure and energy assets can all be considered.
We regularly assess complex risks that fall outside standard market appetite, including matters involving nuanced legal analysis, imperfect factual backgrounds, uncertain claimant positions or bespoke risk mitigation requirements.