1 min read: INSURANCE INFLUENCERS – RICHARD FINAN
Forging ahead to meet customers’ ever-changing needs The ancillary market has traditionally lagged behind...
Arc Legal Assistance (Arc Legal) has launched a new suite of assistance products as part of its strategy to provide clients with a single provider solution for a range of legal expenses insurance and add-on products.
Arc Legal will continue to develop its market-leading portfolio of expenses insurance, but working closely with selected trading and distribution partners including Strategic Insurance Services and Lorega, a UK MGA and assistance specialist, will now offer its broker, insurer and corporate clients complementary assistance products.
The new assistance products, which will be introduced during the remainder of 2016 and beyond, include:
These products join Arc Legal’s existing assistance portfolio that includes Home Claim Support and Cyber Support which launched earlier in the year as part of a distribution partnership with Lorega.
The first company to offer the new range of assistance products is broker e-trading provider, Pyramis Insurance Platform, as part of a broad portfolio available via its bespoke online trading solution for brokers, in partnership with Strategic Insurance Services. The move will enable a broader range of smaller, specialist personal lines brokers to access Arc Legal’s assistance products.
Richard Finan, Director of Arc Legal, said: “In launching this expanded portfolio, we are able to respond to the specific needs of clients. Whether they want an individual specialist assistance product or are looking to consolidate providers to control the related due diligence and acquisition costs, we are able to offer the appropriate products and support. Offering a single provider solution can also deliver savings in the time and resources required to assess on multiple providers.”