ARAG News

ARAG salutes business partners and staff after 10 years of growth

20 September 2016

ARAG plc. 10 years  ARAG plc, the Bristol-based legal protection and assistance specialist, is celebrating a decade in operation, during which time it has expanded to some 100 staff and grown it’s premium under management to more than £44 million, from a standing start.

Much has changed since ARAG launched in the UK in September 2006, both within its core legal expenses sector and beyond. The MGA model was in its infancy then, a relatively new and peripheral part of the industry. Today, managing agents are considered a vital component, responsible for 10 per cent of the UK general insurance market.

“It barely seems like yesterday that we started out, with just six of us in small, rented offices in central Bristol.” comments Managing Director Tony Buss

“In 2016, the same ARAG is barely recognisable, but the philosophy and commitment remains the same.”

“The staff who have joined us along the way have been a huge factor in our success. But we also owe a great debt of thanks to our business partners in the insurance industry who put their faith in us over the years and invested in the quality of service that we believe wins customers and keeps them.”

“The legal expenses insurance and assistance markets have themselves transformed over the past decade, with significant legislative, market and regulatory changes all playing their part.But our belief that insurers and brokers were crying out for a high-quality, service-led partner that was willing to build products around their customers is as true today as it was when we launched.”

Notes to Editors

ARAG plc is part of the global ARAG Group, the largest family-owned enterprise in the German insurance industry. Founded in 1935, on the principle that every citizen should be able to assert their legal rights, ARAG now employs 3,700 people around the world and generates premium income in excess of €1.65 billion. Operating in the UK from headquarters in Bristol since 2006, ARAG plc provides a comprehensive suite of ‘before-the-event’ and ‘after-the-event’ legal insurance products and assistance solutions to protect both businesses and individuals.

 

Contacts

Rachael Wornes, Marketing Manager, ARAG UK, 0117 917 1578, pressoffice@arag.co.uk

Paul Jacobs, Director, Consultable,079 0982 1731, paul@consultable.co.uk

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