Since 2009, BICO1 has been a leader and innovator in the rapidly evolving market for litigation cost protection in Canada.
BICO Risk Management Inc. (“BICO”) is the leading commercial provider of legal cost protection for representative plaintiffs in class action litigation. Our cost protection arrangements were the first to be approved in several courts across the country.
In 2016 BICO reorganized itself to offer its legal cost indemnities as legal expense insurance, backed by two leading global reinsurers2. This new platform offered BICO the opportunity to significantly expand the scale and scope of our business and product range.
Our guiding principal since inception has been unwavering: to level the litigation playing field and facilitate access to justice for our clients.
In personal injury litigation, BICO’s proprietary cost protection solutions have become the standard of best practice for many leading law firms across the country and BICO has facilitated access to justice for tens of thousands of accident victims to date.
1 Including its predecessors and affiliates.
2 Underwritten by Omega General Insurance Company.