ARAG plc has reported gross written premium of £77.8m for the 2024 financial year, up from the £66.1m it achieved the previous year. Profit before tax was £1.8m in 2024, more than double the £0.8m returned in 2023. The firm said this was its final set of results before completing the integration with the DAS UK business.

David Haynes, chief executive officer of ARAG UK, said: “This is a superb result, and all the more remarkable for the huge steps we took towards integrating the DAS UK business, last year. That process is almost complete and I’m delighted that we managed to achieve it so smoothly while sustaining ARAG’s profitable growth.

“It doesn’t come as a surprise that commercial legal protection has led the charge, as we’ve long maintained that these products offer huge potential, but continuing to grow ARAG’s presence in this market is particularly impressive, following the stellar growth we saw in 2023.

“This success has only been achieved through the professionalism and dedication of all our people, who have worked exceptionally hard to maintain the levels of service our policyholders and business partners have come to expect, while establishing new teams and processes.”