BUSINESS UPDATE

Arc enters travel legal expenses market with major AXA Assistance deal

Arc has moved into the provision of travel legal expenses with a multi-million policy deal with AXA Assistance.

Arc has been appointed to manage and administer travel legal expenses claims arising from AXA Assistance policies, which provide worldwide cover via a range of distribution channels, including leading brand retailers and tour operators. Legal expenses claims arising from approximately three million policies will be handled by a specialist travel legal panel including Irwin Mitchell and Stones.

Paragon Mortgages first with Arc Buy to Let landlord legal cover

Paragon Mortgages, a leading specialist provider of Buy to Let mortgages, has become the first lender to offer Arc's residential landlord's legal costs and rent guarantee insurance.

The insurance is automatically included as a benefit within a specialist buy to let mortgage account offered by Paragon.

Arc landlord package offers bespoke cover for Hamilton Fraser

Arc has developed a tailored package of landlord insurance covers for brokers Hamilton Fraser specifically for their clients including the National Landlord's Association.

The package offers Property Infringement and Criminal Prosecution Defence and will be provided on a mandatory basis as part of Hamilton Fraser's Landlord Household policy which is underwritten by AXA Insurance. Landlords will also be able to obtain full tenant dispute and rental guarantee cover as additional options to the package.

Small Claims Court cover first from Arc

Arc has extended its partnership with ProtectaGroup, one of the largest brokers in Wales, by launching a before the event legal expenses policy to assist claimants whose claims falls below the small claims court limit. Believed to be one of the first prodcuts of its kind, the cover will enable claimants who cannot get representation on a non win, no fee basis to progress their claims.

Arc has been providing ProtectaGroup's conditional fee insurance facility since 2003.

Arc and AXA Assistance partner on MCE Insurance integrated household and family legal costs cover

Arc and AXA Assistance are partnering with brokers MCE Insurance to provide family legal costs insurance as part of MCE's home insurance policy.

The legal costs product will provide £25,000 worth of cover within the UK for pursuing and defending legal claims.

 

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