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Class Action Settlement Insurance

The Only Retroactive Policy for Businesses in Class Action Litigation
Risk Settlements > Solutions > Class Action Settlement Insurance

What is Class Action Settlement Insurance?

Class Action Settlement Insurance (CASI) is the only product on the market that allows companies to mitigate, cap and transfer the financial risk of settlement in existing class action litigation. Designed by Risk Settlements in response to businesses’ need for financial certainty in class action lawsuits and resulting settlements, CASI eliminates the unintended consequences of settlement and helps businesses exit litigation for a known, fixed cost.

Underwritten on the paper of a leading national carrier which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s, CASI is a revolutionary tool for businesses when they need it most— after the litigation has been filed.

How CASI Works

CASI is unlike traditional insurance products in that each policy is tailored to the specific class action settlement circumstances and financial needs of the business.

Highlights include:

  • CASI is purchased to transfer the settlement risk in existing class action litigation.
  • Coverage is available for the full spectrum of consumer class cases, including: fraud, mislabeling, products liability, statutory claims, and other types of litigation.
  • A policy covers all valid claims made by class members under the settlement agreement.
  • There is no deductible or self-insured requirement, just a one-time premium which transfers 100% of the aggregate settlement liability.

Why Businesses Choose CASI

  • Efficient resolution of expensive litigation for a known, fixed cost
  • Provides certainty to help with budgets, forecasts and expenditures
  • Minimizes P&L and balance sheet impact
  • Removes concerns over uncertain payout
  • Mitigates internal frictional and opportunity costs
  • Negates the unintended consequences of settlement, including:
    • Weakened financial statements
    • Missed or reduced earnings
    • Adverse impacts on raising capital
    • Acceleration of debt
    • Negative impacts on cash flow

Who We Work With

The benefits of CASI expand well beyond the company facing the lawsuit. Using CASI, we work hand in hand with:

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