Arag notches 9% increase in GWP for 2013


GWP overall increased 9% to £46.9m, with numbers of personal lines polices up 15% and commercial policies up 32%. The growth means the firm now covers just under 3.5m personal lines customers and just under 200 000 businesses. Pre-tax and pre-amortisaton profits more than doubled to £3.3m. Arag managing director Tony Buss said that 2013 had been a challenging year in requiring the business to increasing demands as well as react to regulation. "Yet it is also one where product redesign and