TheJudge Global

What TheJudge Global does

TheJudge Global is a specialist insurance brokerage arranging litigation risk cover for law firms, corporate clients, litigation funders, and insolvency practitioners. Founded in 2000 and headquartered in London, the firm arranges a broad portfolio of bespoke insurance products, including After the Event (ATE) own-side and adverse costs insurance, security for costs cover with anti-avoidance endorsements, Damages-Based Agreement and Contingency Fee Agreement (DBA/CFA) work-in-progress insurance for law firms, judgment preservation insurance, IP and patent litigation insurance, litigation buy-out insurance for M&A transactions, and sovereign award enforcement insurance for arbitration proceedings.

The firm does not develop proprietary technology; its value proposition is built on specialist broker expertise, deep underwriting relationships, and access to international insurer and reinsurer capacity. TheJudge has arranged more than 10,000 litigation insurance placements supporting disputes valued at over $70 billion worldwide, and has held a Band 1 ranking from Chambers & Partners for Litigation Support every year since 2020. The company operates through wholly owned subsidiaries in the United States (TheJudge Americas LLC, operating as TJ Insurance Services in California) and Germany (TJ Versicherungsmakler GmbH), with offices in London, Toronto, Irvine, and Hamburg.

Revenue is generated through brokerage commissions paid by insurance underwriters when policies are placed; clients do not pay the broker directly, as commission is embedded in premium. Pricing is fully bespoke, with structures ranging from upfront non-refundable premiums to contingent (paid only on success) and hybrid models. TheJudge is a wholly owned subsidiary of Thomas Miller Group, authorised and regulated by the UK Financial Conduct Authority, and maintains a strategic affiliation with Erso Capital, a litigation finance entity launched in 2021 alongside Thomas Miller.

Name

TheJudge Global

Legal name

TheJudge Limited

Website

https://thejudgeglobal.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

TheJudge Global is a specialist insurance brokerage arranging bespoke litigation risk cover — including ATE, adverse costs, judgment preservation, and security for costs insurance — for law firms, corporates, litigation funders, and insolvency practitioners across the UK, US, Canada, and Germany.

Ownership category

akta.pro rank

Product category

Litigation Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Facultative Professional Liability Reinsurance (FSAOAFAG), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

Keywords

• Litigation insurance brokerage
• After-the-event insurance
• Judgment preservation insurance
• Contingency fee insurance
• Security for costs cover

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Brokerage Commission: TheJudge operates as a specialist insurance broker arranging After the Event (ATE) insurance and other litigation risk covers. Revenue is generated through brokerage commissions paid by insurance underwriters when policies are placed. The firm does not charge clients directly for broking services; instead, commission is typically embedded in the insurance premium. Premium structures include upfront payments, contingent premiums (paid only on successful outcomes), or hybrid models.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

TheJudge Global is a specialist insurance broker that arranges litigation risk insurance for law firms, corporate clients, litigation funders, and insolvency practitioners. The firm's core products include After-The-Event (ATE) insurance, Damages-Based Agreement (DBA) and Conditional Fee Arrangement (CFA) insurance (WIP insurance), security for costs cover, judgment preservation insurance for appeals, litigation buy-out insurance, award enforcement insurance, and capital protection insurance for litigation funders. Placement is supported through direct relationships with specialist insurers and underwriter mandates across multiple jurisdictions.

Product overview

TheJudge Global is a litigation insurance brokerage providing a comprehensive portfolio of specialist insurance products for the legal industry. The core offerings include After the Event (ATE) Insurance covering own-side and adverse costs, Security for Costs solutions with Anti-Avoidance Endorsements, Contingency Fee/WIP Insurance for law firms, Judgment Preservation Insurance, and Capital Protection Insurance for litigation funders. Additional specialized products cover IP/Patent Litigation Insurance, Litigation Buy-Out Insurance for M&A transactions, Sovereign Award Enforcement Insurance, and Damages Surety Bonds. The company operates as a broker arranging these bespoke covers from the insurance market rather than as a technology platform or unified software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Adverse Costs Insurance (Fee-Shifting Insurance) Insurance product covering a defendant's exposure to pay the winner's legal costs if the defendant loses a litigation. It is sold to law firms, corporate defendants, and litigation funders needing protection against adverse cost awards.
• Own-Side Costs Insurance (ATE Insurance) After-the-Event insurance providing claimants with cover for their own legal costs if the case is lost. Targeted at claimants pursuing litigation under CFA/DBA funding arrangements and at law firms needing to back costs exposure on contingency cases.
• Security for Costs Cover (with Anti-Avoidance Endorsements) Insurance product used in place of a cash deposit to satisfy court-ordered security requirements. The cover can be extended with anti-avoidance endorsements (e.g., freezing of funds / anti-avoidance wording). It is sold primarily to corporate defendants and to litigation funders whose portfolio companies face security orders.
• DBA & CFA Insurance (WIP Insurance) Insurance that protects a law firm's work-in-progress on Damages-Based Agreement and Conditional Fee Arrangement matters, paying out a multiple of WIP if the case is lost. Targeted at law firms running CFA/DBA portfolios that need capital protection on individual or grouped matters.
• Judgment Preservation Insurance (Appeal Protection) Insurance that protects the value of a judgment or award against the risk it is overturned, reduced, or enforcement is stayed on appeal. Sold to claimants, law firms on a CFA success fee basis, and litigation funders who have invested capital tied to the underlying judgment.
• Litigation Insurance for IP and Patent Disputes Specialist litigation insurance cover designed for intellectual property and patent disputes, providing ATE, WIP, judgment preservation, and award enforcement cover matched to IP case economics. Sold to IP owners, patent assertion entities, and law firms running contentious IP matters.
• Litigation Buy-Out Insurance Insurance enabling the outright sale or transfer of an existing litigation (claim or defense) to a third party by removing adverse cost and outcome risk for the transferring party. Used by corporates and individuals monetizing or divesting litigation assets, and by litigation funders structuring portfolio disposals.
• Award Enforcement Insurance Insurance that covers the cost and downside risk of enforcing a judgment or arbitral award across jurisdictions. Sold to claimants, law firms, and litigation funders seeking to convert paper awards into recovered funds without absorbing enforcement costs or enforcement-risk discounting.
• Capital Protection Insurance (CPI) Insurance that protects a litigation funder's invested capital against downside outcomes on funded cases. Targeted at third-party litigation funders and law firms investing capital into litigation matters, with pricing structured per portfolio or per case.
• Litigation Fund Capital Protection Insurance Capital protection cover structured specifically for litigation fund vehicles, shielding limited-partner commitments against adverse outcomes and providing downside protection at fund level. Sold to litigation finance firms and structured-finance teams managing litigation investment portfolios.
• Sovereign Award Enforcement Insurance Specialist enforcement cover addressing the additional risk, cost, and political exposure of enforcing arbitral awards and judgments against sovereign states. Sold to claimants, law firms, and funders holding awards against state defendants.
• M&A Litigation Contingent Risk Insurance Contingent risk insurance covering litigation-related liabilities identified or undisclosed during M&A diligence, including indemnity triggers and earn-out disputes. Sold to corporate buyers, sellers, and private equity sponsors needing litigation risk transfer in transaction contexts.
• Damages Surety Bonds Surety bonds posted by claimants in support of cross-undertakings in damages given to courts when obtaining interim remedies such as freezing orders, search orders, and interim injunctions. Sold to corporate claimants and law firms needing to satisfy court undertakings without tying up balance sheet cash.
• Cross-Undertakings in Damages Insurance (CUDI) Insurance product backing the cross-undertaking in damages a claimant must give when obtaining interim injunctive relief, replacing the need to provide cash security or a surety bond directly to the court. Sold to corporate claimants and law firms seeking interim injunctions and search orders.
• Legal Fee Protection Insurance Insurance policy that protects a party against the costs of defending or pursuing specified legal proceedings, covering the policyholder's own legal fees and disbursements through to a defined cap. Sold to corporate litigants and individuals needing pre-funded fee protection outside of ATE structures.

Quantifiable outcome

• Over 10,000 litigation insurance placements arranged since founding in 2000
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• The Association of Litigation Funders of AustraliaminorStrategic or Co-development Partner · 1 January 2026TheJudge joined the Association of Litigation Funders of Australia as an associate member in 2026. Through this membership, TheJudge contributes to the continued growth and sophistication of the Australian disputes market and gains access to the Australian litigation funding community.
• Erso CapitalcoreStrategic or Co-development Partner · 1 January 2021Erso Capital is a specialist litigation finance company launched in 2021 by the senior management team of TheJudge together with Thomas Miller. The strategic affiliation means TheJudge clients have access to a range of litigation finance solutions that can be adapted to their particular needs alongside insurance arrangements. The two entities work together on bespoke risk management structures across complex disputes. Robert Warner leads placement of complex litigation funding and insurance arrangements through both entities.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Burford Capital: World's largest publicly listed litigation funder. While primarily a funder rather than broker, Burford competes directly with TheJudge's Erso Capital affiliate for capital-protected placements and increasingly provides bundled litigation finance-plus-insurance solutions targeting the same corporate and law firm clients.
• Omni Bridgeway: Major global litigation funder with both arbitration and commercial case portfolios. Comparable to TheJudge in serving law firms and corporates with complex disputes; overlaps with TheJudge's capital protection insurance and ATE placement work for funders.
• Harbour Litigation Funding: European-headquartered litigation funder that arose from the Vannin Capital combination. Operates the funder side of complex disputes TheJudge insures, and frequently uses ATE and adverse-cost placements — making it both a customer and a competitor in adjacent product lines.

Direct peers

• Temple Legal Protection: UK-based specialist legal expenses insurer and ATE provider. While Temple is more insurer-led than pure-broker like TheJudge, it competes for the same ATE premiums on UK commercial disputes and personal injury matters and operates in the same law firm channel.
• After the Event (ATE) Insurance specialists at Paragon International Insurance Brokers: Independent UK insurance broker with a dedicated ATE and legal expenses team. Directly competes for the same UK law firm and claimant ATE business as TheJudge, with overlapping product range including adverse costs, own-side, and security for costs cover.
• Miller Insurance Services: UK-headquartered specialist insurance broker with strong legal expenses and professional lines practice, sharing the London Lloyd's market ecosystem with TheJudge. Most comparable in size, geography, and product mix (legal expenses, professional indemnity).

Broad incumbents

• Marsh: Global insurance broker with specialty credit and political risk practices touching litigation insurance. Competes with TheJudge for the largest corporate mandates but, like Aon, lacks TheJudge's litigation-only focus and Chambers Band 1 litigation support positioning.
• Aon: Global insurance and reinsurance broker with a dedicated litigation insurance practice. Overlaps with TheJudge across ATE, security for costs, and M&A litigation buy-out placements, though Aon operates across all insurance lines and lacks TheJudge's exclusive specialization.

Regional players

• IMF Bentham: Australia-focused litigation funder with US expansion (now Bentham Capital). Most directly comparable to TheJudge in the APAC corridor TheJudge is entering; competes for the same litigation funding and litigation insurance mandates with corporate claimants and law firms.

Others

• Erso Capital: Affiliated litigation funder launched in 2021 by TheJudge's senior management together with Thomas Miller. Included as a thematic/ecosystem peer because it sits adjacent to — and is co-distributed with — TheJudge's brokerage, jointly structuring bespoke risk and capital solutions for the same disputes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-judge

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TheJudge Global