BUSINESS UPDATE

Carole Nash and Arc take to the road with mandatory biker legal cover

Arc is to provide a bespoke motor legal costs insurance product for Carole Nash Insurance Consultants. The product, provided as part of the firm's own motorcycle insurance, will offer a range of biker specific legal costs cover for pursuing personal injury claims, defending motoring prosecutions and contractual disputions and ULR, in the UK and EU.

A unique aspect of the relationship is the fact that Arc's product will cover Carole Nash's own solicitors' panel costs. Arc's business model enables Carole Nash to retain direct control of their own panel of specialist motorcycle solicitors whilst securing solid underwriting and expert assistance in designing, implementing and managing the claims service.

Arc teams up with Broker Network to offer exclusive legal costs cover for property owners

Arc has launched a new commercial and residential landlord legal costs product exclusively for members of Broker Network.

In a first for the legal costs insurance sector, Arc has developed a product that extends cover into the commercial letting market. The product is provided on a mandatory basis to all Broker Network's commercial property clients under its Property Owner cover. Arc's product offers landlords' protection against the legal costs associated with tenant evictions and criminal prosecutions arising from the ownership of the property. An optional extension to the cover is available for residential tenancies to protect against rent arrears.

This unique product will only be made available via a small group of distributors. Broker Network is one of the first broker focussed distributors to use it. Other partnerships will be announced shortly.

MARAS partner with Arc and AXA Assistance on landlord legal costs and rent guarantee cover

Arc has further strengthened it's position as a leader in the provision of landlord legal costs and rental guarantee insurance with the announcement of a partnership MARAS Group (MARAS), one of the largest and longest established providers of tenant referencing services in UK.

MARAS is now offering landlords legal costs and rent guarantee insurance administered by Arc and underwritten by Inter Partner Assistance UK, the 'underwriting provision' arm for AXA Assistance. The insurance protects the landlord by covering the legal costs of pursuing and evicting tenants and assists in the recovery of rent arrears.

Alongside providing insurance cover, Arc also offers landlords a tenant liaison service. In the event of a problem occuring the landlord and tenant are encouraged to identify whether the situation can be reticified before litigation and eviction procedings.

South Essex Insurance Brokers link with Arc to provide commercial legal insurance solution for small businesses

Arc's commercial legal cost cover is to be provided as an intrical part of South Essex Insurance Brokers' new Riskplacer package for SMEs.

Arc's cover, specifically designed for SMEs will be automatically quoted on all risks through a dedicated quote engine.

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