Arag acquires solicitors' network

Arag has strengthened its position in the after-the-event market with the purchase of leading intermediary ATE Ltd for an undisclosed sum.

ATE, which was established in 2001, places nearly £4m of business with a select number of insurers and claims one of the UK's largest solicitors' networks selling a range of after-the-event products.

The deal follows a strategic tie-up between the companies in 2007 which broadened ATE's penetration into the after-the-event legal expenses market. This also gave ATE access to underwriting for its general litigation and personal injury after-the-event schemes Litigation Plus and Personal Injury Plus