process overview  |
 Individual cases are presented to Red Sands via CTTS - for underwriting
On acceptance – the Solicitor engages the client under a CFA
Once the CFA is in place - funding is available via Devonshire - either to the Solicitor practice or to the claimant
 Red Sands ATE premium is always funded on day one along with any case acquisition costs - if required
A review period of 90 to 180 days then commences – allowing the Solicitor to further assess the case
Either the Solicitor or Red Sands can request the case to be cancelled within this period
If a case is cancelled – Red Sands bears the ATE premium cost
The Solicitor bears any acquisition costs and interest
As the case continues beyond the review period the Solicitor reports to F&I at key stages - via CTTS
Any disbursement funding requests are also made via CTTS
On successful conclusion of the case - the loan balance is discharged by the Solicitor (on Practice Funding) or from damages and costs (on Claimant Funding)
If a case is lost at trial or discontinued - a claim is made on policy via CTTS
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