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ARAG hails decade of growth as 2016 results show healthy profit

ARAG plc, the UK legal protection and assistance specialist, has announced 11 per cent growth in consolidated income for 2016, after a decade of trading. In the company’s tenth year in year business, consolidated income grew from £11.1 million in 2015 to £12.3 million in 2016, while combined income (including reinsurance business generated back into ARAG SE in Germany) increased by 19 per cent from £26.5 million to £31.5...

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ARAG passes 100 staff mark with Senior Claims Handler appointments

Leading legal expenses and assistance provider ARAG has continued its expansion with three key appointments to its claims handling teams, which have taken the company’s headcount beyond 100 staff. Lee Michael, Bianca Allison and Roberta New have all joined the company as Senior Claims Handlers working on its Before-­‐the-­‐Event claims service and each of them brings considerable experience from within the legal expenses...

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The RAG - May 2017, issue 15

Brokers - Important Notice in BTE Policies : Change to the rate of IPT

    The Rate Change You will be aware of the latest change in the standard rate of insurance premium tax (IPT) which was presented in the 23rd November 2016 Autumn Budget Statement. Philip Hammond announced a 2.0% increase of IPT paid on premiums which are taxed at the standard rate. The rate therefore increases from 10.0 % to 12.0% effective from 1st June 2017.   Effective date used to determine rate of IPT ARAG submits...

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ARAG underwriting service awards 2016