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ARAG salutes business partners and staff after 10 years of growth

 ARAG plc, the Bristol-based legal protection and assistance specialist, is celebrating a decade in operation, during which time it has expanded to some 100 staff and grown it’s premium under management to more than £44 million, from a standing start. Much has changed since ARAG launched in the UK in September 2006, both within its core legal expenses sector and beyond. The MGA model was in its infancy then, a relatively new and...

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ARAG shortlisted for MGA of the Year accolade

 We're delighted to have been shortlisted for yet another award this year. It will be our first time at the Insurance Insider Honours and it is indeed an honour to have made the final cut for what is a hotly contested category in a very highly regarded awards presentation.   The MGA of the Year award was established to recognise the increasingly important role that managing agents play in the industry, and is judged on product innovation,...

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Brokers - Important Notice: Change to the rate of IPT

Implications and ARAG's requirementsThe Rate ChangeYou will be aware of the latest change in the standard rate of insurance premium tax (IPT) which was presented in the 16th March 2016 Budget. George Osbourne announced 0.5% increase of IPT paid on premiums which are taxed at the standard rate. The rate therefore increases from 9.5% to 10.0% effective from 1st October 2016. Effective date used to determine rate of IPTARAG submits accounts to its...

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Not all ATE policies are created equal

After the Event policies may appear to provide identical cover but, in these turbulent times for the market, solicitors should be giving just as much scrutiny to the company behind the policy, argues Paul Hurley, Director and Head of ATE at ARAG Legal. Perhaps the alarm bells should have been ringing before AU Insurance Services went into administration, last quarter. An uninspiring web presence and the virtual invisibility of company and employees...

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ARAG underwriting service awards 2015