Litica
Litica is a Managing General Agent (MGA) operating as a Lloyd's Coverholder that underwrites After The Event (ATE) and litigation insurance for litigation funders, law firms, corporations, insolvency practitioners, and individual litigants across the UK, Europe, and Asia-Pacific.
- Company typePrivate
- Founded2019
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
Litica firmographics
Firmographics- Name
- Litica
- Legal name
- Litica Ltd
- Website
- https://litica.co.uk
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Litica is a Managing General Agent (MGA) operating as a Lloyd's Coverholder that underwrites After The Event (ATE) and litigation insurance for litigation funders, law firms, corporations, insolvency practitioners, and individual litigants across the UK, Europe, and Asia-Pacific.
- Ownership category
- akta.pro rank
Where Litica is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Litica business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: Bespoke litigation insurance premiums charged to policyholders. Pricing based on unique risk assessment of each case. Premiums typically range 25-50% of limit of indemnity. Structure includes small non-refundable upfront component, deferred contingent premium payable upon success, and staged premium increases as matter approaches trial.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom litigation insurance pricing based on case-specific risk assessment |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Litica product offering
Product offeringCore offering
Litica is a Managing General Agent (MGA) that specializes in After The Event (ATE) and litigation insurance products. Founded in 2019 and headquartered in London, the firm underwrites and distributes adverse costs insurance, capital protection insurance, and related litigation cover for litigation funders, law firms, and corporate clients involved in arbitration and litigation.
Product overview
Litica is a Managing General Agent (MGA) specializing in After The Event (ATE) and litigation insurance. The company offers a comprehensive suite of insurance products designed to manage financial risks in litigation and arbitration, ranging from individual case coverage (ATE Insurance, Adverse Costs Insurance) to portfolio solutions and specialized endorsements (Anti-Avoidance Endorsements, Capital Protection Insurance, Judgment Preservation Insurance). The product portfolio serves litigation funders, law firms, corporations, and individuals involved in commercial disputes, class actions, and arbitration proceedings globally.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Up to GBP 25 million coverage per case - largest in global ATE insurance market
- +4 more outcomes
Companies that use Litica
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles3 records
Litica technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Litica partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and flagship.
- European Litigation Funders AssociationcoreAssociate member reinforcing commitment to development of European litigation funding market and evolution of EU-focused litigation insurance solutions.
- Managing General Agents' Association (MGAA)coreMember of MGAA, the industry association for managing general agents in the UK insurance market.
- Association of Litigation Funders of Australia (ALFA)coreAssociate member of ALFA. Phil Lomax features on ALFA's Legal Finance Insights Podcast discussing the ATE insurance market in Australia.
- Omni BridgewayflagshipLitica provided EUR 270 million principal protection cover (PPC) for Omni Bridgeway's Fund 8, arranged by broker Aon. This innovative capital protection structure materially reduces the all-in cost of funding for the judgment enforcement fund.
- AoncoreAon acted as broker for the Omni Bridgeway Fund 8 capital protection policy, arranging coverage with Litica operating under binding authority on behalf of insurers and Lloyd's syndicates.
- Lloyd's SyndicatescoreLitica operates as Lloyd's Coverholder with delegated authority to underwrite litigation risk on behalf of Lloyd's Syndicates. Coverholder status enables efficient policy issuance in UK, Europe (covering UK and EEA), and Australia. Lloyd's financial strength backing provides confidence and security for policyholders.
- Panel of A-Rated InsurerscoreLitica has assembled the largest panel of A-rated insurers (company and Lloyd's markets) in the ATE insurance market, providing capacity across Lloyd's and ten other company markets. This enables coverage up to approximately GBP 25 million per case.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Litica competitors and assessment
Company assessmentDirect peers
- QFID (Quinn Freedman Insurance & Development): Direct UK ATE insurance competitor offering adverse costs cover and security for costs solutions to law firms and claimants. Highly comparable to Litica given overlapping product suite and target market of UK litigators.
- QDOS Underwriting: UK-based ATE insurance specialist offering adverse costs cover, security for costs and motor-related ATE policies. Operates as a Lloyd's Coverholder in the same niche as Litica, targeting law firms and claimants with similar case-by-case underwriting.
- Team Title (part of CFC Underwriting): CFC Underwriting is a Lloyd's-backed specialty insurer offering a range of professional and legal lines including ATE-adjacent products. Comparable to Litica as a specialty MGA using delegated authority to serve legal-services-adjacent risks.
- Affiniti Insurance (formerly Minster Law ATE): Specialist UK ATE insurance provider with deep ties to litigation law firms. Competes directly with Litica on adverse costs and security for costs policies in the UK claimant market.
Broad incumbents
- ARAG Legal Expenses Insurance: ARAG is a major legal expenses insurer offering BTE and ATE products across Europe. While more focused on consumer legal expenses than commercial litigation, it overlaps with Litica on certain ATE categories and competes for law firm relationships.
- Hiscox: Hiscox is a Lloyd's-affiliated specialty insurer offering professional lines including legal expenses and litigation-related cover. A broader incumbent that overlaps with Litica on certain specialty legal lines but serves a wider portfolio of risks.
- AMTRUST / Aftermarket (legal expenses insurance): AmTrust is a broad specialty insurer with significant legal expenses insurance and ATE capabilities across Europe. Larger and more diversified than Litica but competes in overlapping product categories including BTE and ATE insurance.
- Allianz Trade (Euler Hermes litigation insurance): Allianz Trade (formerly Euler Hermes) provides commercial litigation and adverse costs insurance products alongside its trade credit insurance franchise. A broad incumbent with litigation insurance capabilities comparable to Litica's core ATE offerings.
Others
- Omni Bridgeway: Omni Bridgeway is one of the world's largest litigation funders and a flagship Litica customer (Fund 8 capital protection). Not a direct competitor but a critical counterparty and ecosystem participant whose funding activity drives Litica's addressable market.
- Aon (Specialty Broking / Litigation Risk): Aon is a global insurance broker that arranged Litica's EUR 270m Omni Bridgeway policy. While not a competing underwriter, Aon is a key distribution partner and adjacent infrastructure provider in the litigation insurance value chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Litica social profiles
Digital presenceLitica compliance and trust
Trust signalCompliance7 records
Litica financial estimates
Financial estimateRevenue estimate
Valuation estimate
Litica leadership team
Management profileNumber of profiles
Profiles8 records
Litica subsidiaries and ownership
Company hierarchySubsidiaries2 records
Litica funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Litica M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Litica
What does Litica do?
Litica is a Managing General Agent (MGA) that specializes in After The Event (ATE) and litigation insurance products. Founded in 2019 and headquartered in London, the firm underwrites and distributes adverse costs insurance, capital protection insurance, and related litigation cover for litigation funders, law firms, and corporate clients involved in arbitration and litigation.
Is Litica a public or private company?
Litica is a private company. It is classified as private equity controlled and is currently operating.
When was Litica founded?
Litica was founded in 2019. It employs 1 to 10 people.
Where is Litica based?
Litica is headquartered in London, United Kingdom, in the Europe region.
How does Litica make money?
One revenue line is on record: insurance Premiums.
Who are Litica's main competitors?
Direct peers on record are QFID (Quinn Freedman Insurance & Development), QDOS Underwriting, Team Title (part of CFC Underwriting) and Affiniti Insurance (formerly Minster Law ATE). Broad incumbents are ARAG Legal Expenses Insurance, Hiscox, AMTRUST / Aftermarket (legal expenses insurance) and Allianz Trade (Euler Hermes litigation insurance). Others are Omni Bridgeway and Aon (Specialty Broking / Litigation Risk).
Does Litica have an API?
No public API is recorded for Litica.