BUSINESS UPDATE

THE BUSINESS UPDATE HEADLINES

Arc Legal continues Irish growth with Axa motor deal

We have further increased our presence in the Irish market with the announcement of a new motor insurance deal with AXA Insurance Ireland (AXA).

Arc Legal's motor legal expenses cover is provided as part of the insurer's 'AXA Motor Extra Benefits' package, an optional extension for all AXA motor insurance policyholders.

AXA customers will have access to legal cover for personal injury and uninsured loss recovery claims, where they cannot be settled through the InjuriesBoard.ie, previously known as the Personal Injury Assessment Board, an independent government body set up to assess personal injury compensation figures. Cover is also provided for the legal expenses associated with defending motor prosecutions.

CCV Letting Agents Solutions use Arc Legal to enter rental market

We have been appointment by CCV Letting Agents Solutions (CCV LAS), part of Cullum Capital Ventures, one of the UK's largest independent intermediaries, to provide landlords legal and rent guarantee protection claims handling services following CCV LAS's launch into this growing market.

Victoria Hotchkin, Managing Director, CCV, said: "We needed an experienced and well regarded team to support our plans. Arc's reputation for providing a high quality of service backed by their experience in this area made them a natural choice."

Arc Legal has developed a specific niche in the landlord legal and rent protection market since its launch in 2003. The company now provides services to a range of clients operating in the residential and commercial landlords sector. This area now represents 20\% of the company's claims activity.

Arc Legal retains Provident's Motor Legal Expenses

We have been providing an interim solution to Provident for motor legal expenses insurance, legal services and credit hire repair since December 2008.

Following a full tender process, Provident awarded the contract to Auto Indemnity (AI), and Arc Legal hasve been retained by AI to continue to provide the motor legal expenses insurance for policyholders.

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