Historic attitudes favouring globalisation are fundamentally changing....
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Historic attitudes favouring globalisation are fundamentally changing....
RSA has been granted an ABS (Alternative Business Structure) licence by the UK’s legal regulator. It has obtained this by teaming up with Parabis which calls itself ‘an end-to-end legal and professional services organisation delivering a wide range of services to the insurance, travel and related sectors’.
Customer-facing
Parabis is already working in similar operations with two other insurers - Direct Line, Europe’s 42nd largest insurer and Saga, the specialist organisation for the over 50s. An RSA spokesperson said: ‘We are creating RSA Law to support our customers who have a genuine need for a seamless high quality claims and legal service.’ Tim Roberts, group commercial director of Paribas, said: ‘This is another exciting development underlining the significant role that insurers are playing in customer-facing legal services provision in this country.’
Cardiff
Ageas UK - the UK arm of Europe’s 22nd largest insurer, the Belgian business Ageas - entered the legal services market two years ago through an ABS formed in conjunction with NewLaw Solicitors in the Welsh capital of Cardiff. Sources: The Lawyer, Relbanks and Relbanks
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