Arc Legal extends CETA Insurance partnership
01/06/2017 – Arc Legal Assistance (Arc Legal) has extended its trading partnership with CETA Insurance – a national network of intermediaries - with the addition of Cyber Support to their commercial product portfolio; a dedicated service to help SMEs survive a data breach following a cyber-attack. Arc Legal’s Cyber Support provides SME customers, with a turnover of £5m or less, with 24 hour access to expert advice following a security breach involving personal data. The insurance covers the cost of forensic and technical services to investigate and restore systems and helps the SME communicate with regulators and customers. Cover is also provided for the cost of certain financial damages, penalties and fines.
Cyber Support, developed as part of Arc Legal’s distribution partnership with Lorega, a UK MGA and assistance specialist, is one of a suite of new assistance products that the company now offer. Arc Legal already provides CETA Insurance with commercial, marine and static and touring caravan legal expenses insurance schemes.
James Waddy, Commercial Development Manager at Arc Legal, said: “The recent global ‘WannaCry’ ransomware attack has highlighted the direct exposure SMEs face in the connected environment. Cyber Support responds directly to the needs of SMEs by limiting the impact of any damage or loss of data such an attack might cause.
“Working with CETA, we have been able to support their portfolio growth and provide their commercial insurance clients with access to expert assistance in an area of increasing risk. This expansion of our partnership with CETA also reflects our focus on providing responsive and relevant customer experience by offering a wider assistance service portfolio.”
James O’Hara, Sales & Marketing Manager of CETA Insurance, said: “Arc Legal’s and Lorega’s understanding of the evolving needs of our commercial clients is evident in the development of Cyber Support. Being able to offer a service-orientated solution that helps to reduce exposure to financial losses and limits commercial and reputational damage is an important addition to our growing portfolio.”
ENDS
For further information contact Alex Wise, Full Circle Communications,
Tel: 0207 265 7887 or 07710 665 615
Notes to editors
Arc Legal Assistance Limited is an established, leading provider of legal expenses insurance and assistance services in the UK and Republic of Ireland.
We are innovators within the legal expenses market, continually developing our product offerings and service delivery to provide best in market legal expenses solutions.
Our business model generates streamlined claims services and cost efficient management via strategic partnerships with a small number of high quality independent law firms.
We tailor our legal expenses insurance solutions rather than simply offering standard products. We cover a full range of litigation risk areas including motor, family, commercial, affinity, property owners, travel and leisure. Products are distributed in partnership with insurance companies, brokers, financial institutions and affinity groups.
We have long established quality underwriting arrangements as well as acting for a number of insurers that choose to underwrite their own legal expenses insurance risk.
In addition, we offer a range of uninsured legal services based on a variety of funding methods. These include will writing, conveyancing, pre-marital agreements, divorce, tax planning, and probate services for individuals, contract drafting and employment advice for businesses and a top class 24/7 legal telephone advice service.
Arc Legal Assistance Limited is a subsidiary of AmTrust International Limited.
For more information visit – www.arclegal.co.uk
AmTrust International Limited
AmTrust International is a wholly owned subsidiary of AmTrust Financial Services, Inc. (AFSI) and has been operating in the Global Legal Expenses Market since 2007.
AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc. is a multinational insurance holding company headquartered in New York City, offering specialty property and casualty insurance products, including workers' compensation, commercial automobile, general liability, mortgage & credit and extended service and warranty coverage through its primary insurance subsidiaries. AFSI has been rated “A” (Excellent) by A.M. Best.
For further information on the AmTrust Group please contact Denise Johnson, European Marketing Manager on +44 (0)115 934 8973 or visit www.amtrustinternational.com