Canadian legal protection insurance is a growing – and evolving – industry sector. This year has seen a shake-up in the way things are done.
It’s a fairly unique form of insurance and, traditionally at least, there have been few players in the Canadian market. But that’s changing – Aon, ARAG, and Arch have all recently entered the space.
And between the two most established companies offering legal cost protection in Canada, there’s no love lost after recent industry change, allegedly prompted by one company to the detriment of the other.
DAS Insurance and BridgePoint Indemnity Company (LISC) are perhaps the two most prominent pioneers in this space – with DAS historically offering insurance, and LISC offering a service as indemnity protection.