May 14, 2010 by Canadian Underwriter
Canada’s Minister of Finance has issued Letters Patent to DAS Legal Protection Insurance Company Limited (DAS Canada), making it the first insurer in the country to specialize in offering legal expense insurance. The company will provide customers with policies that cover costs arising from unexpected legal events.
“We are in the process of finalizing provincial licenses in Ontario, Alberta and B.C. and will be offering legal expense insurance products through the P&C broker channel this summer,” DAS Canada CEO Barbara Haynes said in a release.
DAS Canada is a subsidiary of DAS Group, a provider of legal expense insurance in Europe and Asia with over 80 years of experience. DAS Group is based in Germany, and is a subsidiary of ERGO, Munich Re’s primary insurer in Europe and Asia. According to the release, “DAS Canada is a full-service specialist in legal expense insurance and DAS Canada will offer access to affordable justice for individuals, groups and small and mid-sized businesses.”