Toronto, Ontario – January 13, 2017
Arch Insurance Canada Ltd., in partnership with Redress Risk Management Inc. (“Redress”), today announced the launch of a new Legal Expense Insurance (LEI) product in Canada. The LEI product offers protection to personal injury plaintiffs against the potential costs associated with their claims.
“LEI product uptake continues to be strong across Canada with expanding adoption by the legal community, which increasingly recognizes LEI as an important tool for their clients. Lawyers and their clients demand credible, long-term insurance capacity and financial stability. For these reasons, Redress is thrilled that Arch Insurance Canada has entered the market,” said Byron Dudley, President of Redress.
“Our goal in working exclusively with Redress is to offer an industry-leading product that provides a real benefit to individuals pursuing a legal claim, and their legal representatives. This product also demonstrates how insurance is evolving to meet the needs of Canadian consumers,” said Hugh Sturgess, President & Chief Executive Officer of Arch Insurance Canada.
For more information on this product, www.redressrisk.com
About Arch Insurance Canada Ltd.
Arch Insurance Canada Ltd. is a commercial property casualty insurer based in Toronto and is licensed to transact insurance in every province and territory in Canada. Arch Insurance Canada Ltd. has an A+ rating (outlook stable) from S&P and A+ (outlook developing from AM Best).
For more information, visit http://www.archcapgroup.com/Insurance/Regions/Canada
About Redress Risk Management Inc.
Redress Risk Management is a leading Canadian provider of After the Event risk management solutions directed to the legal community, specializing in Personal Injury. Redress empowers results for clients in British Columbia, Alberta, Ontario and the Eastern Provinces via technical expertise.