Abbey Legal
Tesco Law and the insurer legal services revolution that never was
Content Director's View: More than a decade ago many insurers could not wait to seize the opportunities afforded by a change in the law that allowed them to set up their own legal services arms. Jonathan Swift reflects on what happened next - and the prospect of a one-stop-shop claims provider in the future.
Legal expenses in Asia: Q+A with Antares' Mark Waters
Mark Waters, legal expenses underwriter at Lloyd's (re)insurer Antares, on promoting legal expenses cover for Asian businesses.
Underwriting Service Awards 2017: Shortlist revealed
The shortlist for this year’s prestigious Underwriting Service Awards has been announced.
Roundtable: Talking marketing tactics
With the industry seeking to find out just how a single view of the customer can be achieved, Post, in association with Visionware, brought together specialists in a roundtable to discuss how digital is driving business
Intellectual Property: Protecting bright ideas
It is a sad fact that most businesses only appreciate the value of intellectual property insurance once it is too late. So why is it vital?
Biba recruits Abbey Legal for advice helpline
The British Insurance Brokers’ Association has launched a new legal advice line for members, run by Abbey Legal Protection.
Markel acquires Abbey Protection
Markel Corporation has completed a deal to acquire legal expenses insurer Abbey Protection after being granted approval by courts.
Markel buys Abbey Protection for £116.5m
Specialist insurer Markel has acquired Abbey Protection for £116.5m; a price representing 9.3 times the insurer’s EBITDA.
Abbey Protection profits flat as ABS investment “yet to bear fruit”
Legal insurer Abbey Protection has recorded flat pre-tax profits of £5.2m for the first half of the year, noting both falling investment returns and a lack of return from its investment into an Alternative Business Structure license.
Abbey Protection posts 3% profit growth
Abbey Protection has reported pre-tax profits of £10.3m for 2012 – a 3% increase on the £10.1m gained in 2011.
Towergate launches commercial legal protection policy
Towergate Insurance has teamed up with Abbey Legal Protection to create a legal insurance product designed for the transport and logistics industry.
Abbey Legal profit to meet expectations
Abbey Protection has said that its alternative business structure licence gained on 1 January will support profitable growth in 2013.
Abbey secures ABS licence
Abbey Protection Group has been granted an alternative business structure licence by the Solicitors Regulation Authority.
Elite wins Northampton Saints sponsorship deal
Legal expenses insurance provider Elite has won a three-year sponsorship deal with Northampton Saints to become a long-term sponsor of the premiership Rugby Club.
Abbey Protection aiming for early 2013 ABS launch
The commercial legal expenses provider is hoping to get approval in the final quarter of this year, targeting small to mid-size SMEs.
Law Report: Employment Tribunal decision upheld as claimant unfit to attend
Law reports contributed by national law firm Berrymans Lace Mawer.
ALP unveils legal expenses portal
Abbey Legal Protection has today launched its multi-quote legal expenses insurance portal, Online Quotes System.
Abbey to buy law firm on ABS go-ahead
Abbey Legal managing director Chris Ward, pictured, has said the insurer will buy a stake in a law firm as soon as the Solicitors Regulation Authority gives the green light to its Alternative Business Structure application.
Abbey Legal reports 5% profit rise but warns of tough year
Legal and professional fees insurer Abbey Protection has announced 2011 revenues up 4% to £36.2m (2010: £34.9m) and pre-tax profits up 5% to £10.1m (2010: £9.6m).
Claims v underwriting: Bridging the divide
While sharing the same goals, claims and underwriting are often disparate divisions. What can be done to help unify these two departments?
Abbey promises profits despite tough economy
Abbey Protection is expecting to announce results in line with expectations despite the continuing tough economic background and low interest rates.