BUSINESS UPDATE - Q1

Swinton Commercial Legal Expenses deal doubles Arc Legal’s base in key growth sector

 

Arc Legal has secured a deal to provide commercial legal expenses and an extended online Employment Manual service to Swinton Commercial. The deal doubles Arc Legal’s commercial legal expenses policy base to over 60,000 representing a net premium income of nearly £3million.

 

The scheme extends Arc Legal’s relationship with Swinton Commercial which includes property owners and specialist caravan legal products and services.

 

Alternative Business Structures

 

Richard Finan, Director of Arc Legal has been commenting on whether banning referral fees is likely to have a major impact on personal lines brokers’ income generation.

 

Richard discusses that brokers who generate income from referral fees will need to plan for this potential loss of income, or consider whether an Alternative Business Structure is a feasible income generator from personal injury claims.

 

The full article can be found at www.postonline.co.uk.

 

Arc Legal makes senior appointment

 

Arc Legal has appointed Kevin Benton as Technical Services Manager to spearhead a number of strategically important technology developments across the business.

 

Benton has overall responsibility for Arc Legal’s IT functions including internal systems and client-facing services. Key projects include expansion of the firm’s underwriting systems, development in the online reporting of claims and a dedicated quote to buy system.

 

Benton joins Arc Legal from OpenText, a global enterprise software and content management company where he was Technical Product Manager.

 

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