Elite Insurance Company Limited (Elite)

Elite Insurance Company Limited (Elite), a leading underwriter of after the event legal expenses insurance, is pleased to announce that it has joined the Legal Expenses Insurers Group (LEIG).

The LEIG is a trade body for legal expenses insurers and intermediaries and aims to work with insurers to protect and advance the rights of claimants to justice and fair levels of compensation. With nine current members, including Elite, it is estimated that LEIG members account for over half of the before the event (BTE) and after the event (ATE) legal expenses insurance market.

Being part of an organisation such as the LEIG highlights Elite’s professionalism and brings the Company closer links with industry specific bodies and the Government.

Furthermore, Elite’s underwriting division has seen an increase in business over recent months and this has lead to the recruitment of two new underwriters. Increasing the number of underwriters will allow Elite to continue to provide the high quality service that the Company prides itself on. This division now has seven underwriters to service increased volumes.

Finally, Elite has recently established itself as a branch within the UK located at its Grantham office. This will see a greater improvement in service levels which remains at the focus of Elite’s strategy.

Commenting on the development Jason Smart, Chief Executive Officer of LitComp plc (Elite’s parent company) said:

“The Legal Expenses Insurers Group is a well established, reputable trade group and we are delighted to be associated with such an organisation.  We look forward to working closely with all the members to ensure the advancement and protection of the rights of our claimants.

“We are delighted with the recent developments within the Elite business. The addition of two new underwriters and the establishment of a UK branch demonstrates Elite’s continued growth and is extremely encouraging in these challenging markets”