DAS Canada is happy to announce continued strong growth and a positive outlook heading into 2014. We are pleased to report that our client base has grown to over 50,000 individuals and businesses across Canada, and that sales have more than doubled since 2012.
Our customer satisfaction ratings are consistently high and our customer retention rate of over 90% demonstrates customer loyalty and positive value of legal expense insurance products.
Much of this success comes from our ever-growing business with groups and associations. Thanks to our ability and willingness to tailor our products to the wants and needs of varying groups and associations, we have seen huge growth in this line of business in 2013. We launched several major group programs last year, including legal expense insurance coverage for various professions such as doctors, veterinarians, mortgage brokers and police associations, as well as for condominium corporations, first nations, public sector entities, and many others.
We have also seen growth in our corporate partnerships division. Over the past year, DAS Canada secured important partnerships with a number of leading insurers and MGAs, who have chosen to expand the depth and value of their product offering by including legal expense insurance. We look forward to continued expansion in this area with several new partnership opportunities on the horizon for 2014.
“In an industry experiencing low growth, we are excited to be working with our brokers and corporate partners in providing something new that shows real value to consumers. Legal expense insurance is where travel or D & O insurance were 10 years ago – infrequently offered but these days an indispensible part of risk protection,” said Barbara Haynes, CEO of DAS Canada.
Moving into the new year, DAS Canada will continue to establish legal expense insurance as a key component of all Canadian individual and business insurance portfolios to expand this emerging market.
DAS Canada is a full-service specialist in legal expense insurance, offering legal expense coverage for individuals, small to mid-sized businesses and groups and associations. We are committed to building and leading the legal expense insurance market in Canada and creating access to affordable justice for all Canadians.
To learn more about DAS and legal expense insurance, please visit www.das.ca.
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