ARAG gears up for tax fee protection drive

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6 September 2012


To drive growth in the fee protection insurance market, ARAG has entered into a partnership with Jim Hoyle, formerly of HLI Insurance Brokers (part of the CCV/Towergate Group).

Jim was a chartered accountant before entering the insurance arena, so brings with him a wealth of insurance and accountancy experience. Jim’s remit will be to promote the Total Fee Protection product to accountants.

Head of sales Andy Talbot said: “With the number of HM Revenue & Customs and tax investigations climbing each year, it is more important than ever for individuals and businesses to secure this insurance cover so that they are protected against the costs involved in such investigations.

“With Jim’s unique understanding of the accountancy market, he will provide ARAG with the springboard to achieve our growth projection.”

Total Fee Protection provides up to £100,000 to pay for professional fees that arise from HMRC full and aspect enquiries, VAT disputes and employer compliance disputes as well as providing access to Commercial Legal Services Online and the legal advice line.



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Joint (ad)ventures in the legal sector

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We all know that nothing in life is certain. As the actor, director and philosopher Clint Eastwood once said: “If you want a guarantee, buy a toaster.” He also said he’d tried being reasonable and didn’t like it. They should teach this kind of philosophy in law school. One thing in life is reasonably certain though. If you’re a law firm worth your salt, at some point you will be approached by another entity (most probably a work introducer) with a whizzy idea to ‘partner’ with you to ‘help you accelerate your growth’. In commercial speak this means, ‘we’d like to keep feeding you work but we’d also like to share in your profits’. The arrangement may be pitched to you as a joint venture – a win-win no less.

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