For more than 80 years, ARAG has evolved into a versatile quality insurer with a focus on national and international legal insurance. ARAG employs 3,500 staff and operates successfully in 17 countries, including the United States, and holds a leading position in many international legal insurance markets. The ARAG Group reported total revenue and premium income of 1.73 billion EUR in fiscal year 2016.
Legal expenses insurance is now a key part of the business proposition for many insurance brokers, but are there sufficient levels of understanding? To gain a greater understanding of the sector, Insurance Post and LEI provider ARAG recently conducted a major research project with brokers.
ARAG's bi-annual news bulletin covers the latest developments impacting the legal expenses insurance field. Find out how ARAG fared at Post's Underwriting Service Awards, how the abolition of employment tribunal fees will affect claims and three legal developments that probably won't happen in 2018.
ARAG's bi-annual news bulletin covers the latest developments impacting the legal expenses insurance field. Inside this issue: whiplash & discount rate reforms delayed; getting data privacy right; Insurance Distribution Directive (IDD) outcome; innovation workshops.
UNISON have won their Supreme Court challenge against the imposition of Employment Tribunal fees. This short article briefly outlines what the decision could mean in terms of cost savings and claims volumes, as well as the potential implications for legal expenses insurers and policyholders.
The EU’s Insurance Distribution Directive is designed to make it easier for firms to trade cross-border, create a level playing field and strengthen policyholder protection. This article provides an overview of the IDD and the implications for parties involved in the insurance distribution chain.
ARAG's bi-annual news bulletin covers the latest developments impacting the legal expenses insurance field. Inside this issue: Tribunal Review – fees are here to stay; what whiplash proposals mean for LEI; what’s next in ATE; consultation on fixed costs in clinical negligence claims.
The Government’s consultation “Reforming the soft tissue Injury (‘whiplash’) claims process” provoked much commentary from insurers and professionals who work with personal injury claims. In this article, ARAG’s Lesley Attu sheds light on the proposed reforms and considers the implications.
In this short article, ARAG provides comments on PS15/22 with regard to the opt-out selling ban of add-on insurance as we have witnessed some confusion about the new rules, especially the FCA’s position on “auto embedding” covers.
ARAG's news bulletin covers the latest developments in the legal insurance field. This issue focuses on: FCA market study - general insurance add-ons; essential updates for landlords; flexible home emergency cover; the value of ATE coverage.
A significant demand for landlords' legal protection products has been fuelled by the recent growth of the private rented sector. This article studies the impact of recent legal developments affecting landlords of residential property and repossession procedures.