ARAG wins contract with broker-only insurer

Legal expenses specialist ARAG has been selected by broker-only insurer MMA Insurance to provide legal expenses cover to be offered alongside its commercial combined portfolio.

After a detailed selection process, MMA’s tie-up with ARAG will now help brokers avoid the additional administration of obtaining separate quotes and completing proposal forms for standalone legal cover.

MMA’s decision also ties up with the expansion of its network of UK regional offices as the company broadens its offering to SMEs.

ARAG will be visiting all MMA’s regional offices to provide training for its underwriting teams.

The deal follows in quick succession to the announcement of ARAG’s selection by specialist HNW insurer Chubb Europe, as its legal expenses provider for mid, high and ultra-high net worth products, from 1 January.

MMA’s head of underwriting, commercial, Paul Hodgson, said: “With the expansion of our commercial lines products well under way, we wanted to find a top quality provider of legal expenses cover to enhance our offering. ARAG met all our requirements and we’re extremely pleased to be partnering them.”

ARAG managing director Tony Buss said: “We are delighted to announce that ARAG has secured this prestigious account with another highly regarded corporate player. While common for insurers to embed legal expenses cover into packaged products, it is rare for options to be offered with commercial combined policies.

“Having successfully emerged from a rigorous tendering process we now very much look forward to working with MMA, whose culture of high service provision is very similar to ours, in this exciting and innovative area.”