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Contingent Risk
Contingent Risk
CAC is a thought leader in litigation risk transfer solutions for corporate litigants and law firms.
Our Contingent Risk Practice has a comprehensive approach to building the market, with a focus on strong carrier relationships and a dedicated team of attorneys. Our group consists of former corporate lawyers from top law schools, with clerkships on influential U.S. Courts of Appeals. We have extensive experience in appellate court representation, including the U.S. Supreme Court. Our team also includes senior bankers with significant experience in complex finance, capital market relationships, and structuring and financing expertise. Additionally, we have facilitated over $100 billion in public and private financings and other private transactions. We have successfully monetized legal assets through insurance backing, generating hundreds of millions of dollars.
We provide insurance on a cross-collateralized portfolio of litigation assets (for instance, a law firm’s alternative fee agreement book). We ensure a significant victory at the trial or arbitration level by creating a “floor value” to the litigation, or insuring a floor value to earlier stage litigation in the right context. Based on any of the above insurance products, we can facilitate non-recourse financing that brings forward cash now for strategic use. Capping maximum exposure in ongoing litigation for strategic (credit enhancement, release of reserves or escrowed funds, solving M&A deal friction).
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Related Products
Transactional Liability
Our creativity, expertise and an end-to-end service commitment deliver unparalleled execution certainty. Led by experienced attorneys from top law firms who partner with clients, CAC Group’s Transactional Liability Practice transfers risk from transaction parties to insurance and capital markets.
Tax Insurance
CAC Specialty’s Tax Insurance team comprises tax attorneys and former tax insurance underwriters who combine their technical expertise, industry experience, and business acumen to craft innovative and unique tax insurance solutions for every client.
Representations & Warranties Insurance
CAC Specialty’s representations & warranties insurance specialists work with buyers in corporate transactions to secure post-closing coverage for losses from breaches of the seller’s representations and warranties, reducing or eliminating the need for a seller’s escrow and facilitating getting deals closed.