Uncategorized October 10, 2022
Choosing the right partners can be critical to the success of your business. We are a leading specialist in legal expenses insurance with tradition and we offer you and your clients our award-winning legal support. DAS contacted regional partners to bring the embassy and legal assistance to the masses, and in 2012 worked with companies such as Saskatchewan law firm McDougall Gauley to work with its clients to advance and defend litigation. The acquired company is a managing general agent specializing in legal expenses insurance with managed premiums of approximately $29.3 million in 2019. Current DAS Legal CANADIAN employees will be retained. Since 1891, McDougall Gauley has been serving the legal needs of domestic and multinational corporations, including financial and insurance institutions, among others. Toronto, ON (March 15, 2021) – Germany`s ARAG Group, a global leader in legal expenses insurance currently operating in 19 countries, is pleased to announce that it has acquired DAS Legal Protection Inc. in Canada, part of the Munich Re/ERGO Group. Founded in 2010 and based in Toronto, the firm is a leading Canadian managing agent specializing in legal expenses insurance, managing premiums of approximately C$29.3 million in 2019. The product portfolio includes legal expenses insurance for families, homeowners, condominiums/shifts and small businesses in Canada.
The current CBS staff will be retained. DAS Canada in the News January 2013: Legal Expenses Insurance Report Unleashes Storm in Cup of Tea August 2017: BICO, DAS Speak with Newcomers to the Legal Protection Market May 2018: Case Closed: Plaintiff Tops Das Canada Legal Solution December 2018: Legal Expenses Insurance Is The Next Hot Product for Canadian Small Business Owners In Her Current Role, Revin focuses on: Driving the growth of the legal expenses insurance market in Canada. She has nearly three decades of experience in legal insurance and banking, and previously held leadership positions at Aon Risk Solutions, Bank of Montreal, Liberty Mutual and Chubb. As CEO of DAS in Canada, Revin succeeded Barbara Haynes, who retired from the company after more than eight years as founding president and CEO. Culture DAS works with brokers and corporate partners to develop access to justice solutions for Canadians – whether individuals, families or business owners – and help them exercise their rights, protect their profits and gain trust when faced with unexpected legal issues. ARAG Group officially founded its Canadian subsidiary ARAG Services Corporation in 2016. The Toronto-based company acts as managing general agent and offers legal expenses insurance products underwritten by HDI Global Specialty SE. ARAG Services Corporation offers an innovative and comprehensive range of legal protection products and legal services for brokers, underwriting agents and insurers in Canada, targeting groups, businesses, families and homeowners. During the pandemic, she says the two most important areas of legal insurance for clients for work claims and general business disputes are things like unpaid rents and other issues that put pressure on small businesses.
Part of the process was to evaluate the three lines of business: legal expenses insurance, which is distributed through insurance partnerships; legal expenses insurance distributed through brokers, target group associations and other large groups; and “post-event” insurance quotes that offer smaller amounts of insurance for disputes such as personal injury. Canada, she notes, has a “win-win” litigation system where the losing party covers an opponent`s legal costs. In fact, DAS was the first dedicated legal expenses insurer to enter the Canadian market in 2010, after which the legal expenses insurance market in the country really began to grow. Previously, primary insurers had some elements of legal protection, but mainly as an extension of their basic coverage for commercial liability insurance. Often, there were gaps in the protection of small business owners. “We will strengthen our presence while maintaining our world-class service to our customers as well as our excellent relationships with our business partners,” said Barbara Haynes, CEO of ARAG Canada. “Following the successful integration of the two teams, we look forward to improving our business through technology and digital tools – and continuing to develop world-class legal protection insurance products and services that leverage ARAG Group`s international expertise,” said Barbara Haynes. DAS Legal Protection Inc. (DAS) is the Canadian market leader and Managing General Agent (MGA), specializing exclusively in legal expenses insurance. Working with brokers and corporate partners, we create access to justice solutions so that Canadian individuals, families and business owners can protect themselves from legal fees, sue or defend their legal rights, and have full access to legal resources. DAS legal expenses insurance is underwritten by Temple Insurance Company and both companies are members of Munich Re (Group). For more information, please visit www.das.ca.
Rissa Revin, CEO of DAS Legal Protection Inc., says his law firm offers legal protection insurance to Canadian small and medium-sized businesses and entrepreneurs before these problems arise. Since 2010, DAS has expanded nationwide as a North American expansion of its 103-year-old European parent companies, Munich Reinsurance Company and ERGO Group AG.