Legal expenses - Heading for the main line
Despite a generally poor uptake of legal expenses insurance, the market is vibrant, diverse and shows nascent signs of a promising future, argues Marcus Alcock
If there is one thing you can guarantee the insurance market is expert in, especially in a soft market, then it is the talking up of esoteric products most clients have never heard of before and that many would rather do without.
Yet it would seem there is one product that actually needs to be marketed more, not less, if the results of a recent government report are anything to go by: legal expenses insurance. For, according to the Ministry of Justice in its recent report on the before-the-event
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