Exhibitor Profile - Stand number 6: DAS Group
As the UK's leading legal expenses insurer, DAS has succeeded in maintaining competitive advantage f...
As the UK's leading legal expenses insurer, DAS has succeeded in maintaining competitive advantage for nearly 30 years by delivering products that offer real value to brokers' clients. In that time, numerous brokers have themselves seen the benefit of insuring their operations against the cost of legal action.
Working closely with the British Insurance Brokers' Association, DAS developed the Regulatory and Employment Protection policy in 2003 to provide a range of covers designed to protect their businesses against some of the major legal and regulatory threats facing them in the modern trading environment.
The threat of legal action from an employee - current or former - is one that brokers find increasingly worrying. Only recently, the latest provisions of the 2002 Employment Act to be introduced place an increased burden on employers with regard to grievance procedures.
Similarly, the necessary increase in regulation of insurance business continues to be a significant concern for the modern broker. The possibility that a regulatory investigation could present sizable costs to even the most compliant intermediary is one that BIBA has sought to protect members against.
The Regulatory and Employment Protection package offers a three-year contract to ensure continuity of cover and guarantee rates through the transition to full Financial Services Authority regulation and beyond.
To find out more about Regulatory and Employment Protection, come and see DAS at the Professional Broking Roadshows or call our Broker Servicing Team on 0845 666 5463.
Contact details: DAS Group
DAS House, Quay Side
Temple Back
Bristol BS1 6NH
Key contact: Paul Jacobs
0845 666 5463
p_jacobs@das.co.uk
web www.das.co.uk.
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