12.01.2022 – 12:45
On January 1, 2022, ARAG Services Corporation merged with ARAG Legal Solutions Inc., which will be responsible for business in Canada under this name. After the ARAG Group, currently active in 19 countries and the world’s leading legal protection provider, acquired the Canadian DAS Legal Protection Inc. from Munich Re / ERGO Group in March 2021, the merger process of the two companies has now been successfully completed. The newly formed company is based in Toronto. As the leading Canadian managing general agent specializing in legal protection, ARAG Legal Solutions Inc. managed premium income of around 27 million euros at the end of 2021. The product portfolio includes legal protection products for families, landlords, homeowners and small businesses in Canada.
“After the successful completion of the transition phase, this rebranding now represents an important milestone in our Canadian activities, having been active in the Canadian legal protection market since 2016. We are convinced that everyone should be able to enforce their rights – regardless of their financial situation. Hence we are highly motivated to offer Canadian families and companies solutions that support them in dealing with their legal problems and issues, “explains Dr. Renko Dirksen, CEO of ARAG SE. “The Canadian legal protection market offers us promising opportunities as well as solid growth potential, which further advances our successful international expansion strategy,” he added. Most recently, the ARAG Group started its business activities in Australia and bought DAS’s legal protection portfolio in the Republic of Ireland.
ARAG Legal Solutions Inc. employs 50 people. HDI Global Specialty SE is the risk carrier for the Managing General Agent.
“Over the past year, our experienced team did an excellent job during the transition phase. Our current business partners and customers have hardly noticed anything from the internal changeover processes. At the same time, we have also succeeded in gaining a considerable number of new customers,” said Barbara Haynes, CEO of ARAG Legal Solutions Inc., together. “2022 will also be an exciting year for our Canadian employees, because we are planning to introduce new products and solutions. In the short and long term, we still have a lot in our innovation pipeline that our business partners and customers can look forward to,” announced Barbara Haynes . “After all, innovations in the ARAG Group are among the strategic drivers. In combination with customer focus in all processes, products and solutions, we are ideally positioned here in Canada to advance legal protection and offer first-class customer service,” she adds.
The text contains approx. 3,000 characters and is available for download at:
Original content by: ARAG, transmitted by news aktuell