Stakeholder - The Vinden Partnership


Vinden announces launch of ALADINS legal expenses policy for the construction sector.

ALADINS

Adjudication Legal And Dispute INSurance is a full scope legal expenses insurance policy available to Contractors, Sub-Contractors and Consultants in the UK exclusively through The Vinden Partnership and Watson Laurie Insurance Brokers. In exchange for a modest annual premium the policy insures a Client’s liability to pay legal expenses resulting from a whole range of disputes under commercial contracts through to Employment disputes.

Most importantly, however, is that legal costs arising from adjudication proceedings under construction contracts are covered by ALADINS with legal expenses cover of £1,000,000 available in any one year of insurance, limited to £100,000 per claim. Premiums are calculated on a declared turnover basis so, by way of an example, a company with an annual turnover of £10 million would be charged an annual premium of £6,000 plus IPT.

Peter Vinden, commenting on ALADINS says “We have been working hard for some years to persuade an A+ rated insurer to cover adjudication costs and I am delighted to have finally got there.”

ALADINS is being exclusively marketed through The Vinden Partnership and Watson Laurie Insurance Brokers.

For further information or a premium quote to acquire an ALADINS policy please contact Steve Padley at The Vinden Partnership on 01204 362888 or by email at spadley@vinden.co.uk or Gary Brooks at Watson Laurie on 01204 547921 or by email at GBrooks@watsonlaurie.co.uk

Contact Us

The Vinden Partnership

Regent House

Folds Point

Folds Road

Bolton

Lancashire

BL1 2RZ

Bolton – Telephone: 01204 362888

Nottingham - Telephone: 0115 947 5334

London – Telephone: 0845 504 9733

www.vinden.co.uk

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Testimonials


Thank you to TVP for all your help on this incredibly successful project. We are very grateful for the leading role you have played as Quantity Surveyors and Employer’s Agent in making it come together without any major issues or disputes, which is quite a feat in the building industry.”



Oliver Jackson, Director of Strategy, Roberts Jackson Solicitors
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