Abbey Protection plc (AP) is a specialist insurance intermediary focused on the underwriting and sale of legal and professional fees insurance to businesses. As the Group has expanded, it has developed a range of complementary legal and professional services for its clients. AP today has 232 staff operating from four locations with a total revenue approaching £33m.
Against a back-drop of red tape, bureaucracy and an increasingly litigious society, AP has developed a reputation for excellence of service and the ability to provide customised and pragmatic solutions to the regulatory issues faced by the modern business.
AP has the following trading divisions with their own distinct brands:
Abbey Legal Protection (ALP)
The original trading Company, ALP is based in the City of London and is responsible for the underwriting and sale of the Group’s legal expenses insurance products through its designated distribution channels.
Abbey Legal Services (ALS)
Based in Croydon, ALS employs over sixty qualified lawyers and is responsible for the provision of legal advice (in excess of 275,000 calls a year) and related employment services to ALP clients.
Abbey Tax Protection (ATP)
Based in Rugby, ATP is responsible for the underwriting and sale of the Group’s professional fees insurance products through its distribution network of accountants. It also provides tax, VAT and other related professional services to Group clients.
Acquired in October 2008, ACX is based in Milton Keynes and is a leading independent tax consultancy with clients drawn from accounting practices, the construction industry and personal service companies.
After The Event Services (ATE)
Operating out of Croydon, the ATE division is responsible for the management of The Law Society’s personal injury compensation scheme, Accident Line, and other after the event insurance policies. The ATE division also manages the run-off, on behalf of underwriters, of various defunct Claims Management insurance schemes.
Abbey HR (AHR)
Established in 2007, AHR is based in Rugby and is responsible for the promotion of the Group’s packaged HR services direct to businesses. In addition, the Group’s Captive reinsurance Company, Ibex Reinsurance Co Ltd (Ibex), provides a quota share reinsurance to the Group’s insurance partner, Brit Insurance.