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Portugal

Country Fact Sheet Portugal

Portugal
Brief profile
ARAG S.A. - Sucursal em Portugal - As of 31.12.2010
Incorporation
2002
Legal form
branch
Employees
6
Premiums
0.9 Million EUR
Business focus
Private legal insurance for motorists, personal and home-related issues.
Corporate legal insurance (including insurance for associations and homeowners).
Milestones
Incorporation
ARAG’s first attempt to gain a foothold in the Portuguese market through a joint venture with “Imperio” brought little success. Three years later, ARAG launched a second attempt and founded ARAG S.A. - Sucursal em Portugal as a division of ARAG Spain, and thus gained entry into the market. ARAG Portugal has since become an important player in the legal insurance market in that country.
Growth and development
The growth and development of ARAG S.A. - Sucursal em Portugal were influenced above all by changes in Portuguese society. Growing awareness of the importance of legal insurance in the Portuguese population played an important role in ARAG’s development in Portugal.
ARAG in Portugal today
With headquarters in Lisbon, ARAG Portugal works in collaboration with some 50 legal insurance specialists who advise more than half a million customers. In the course of its nine years of existence, ARAG S.A. - Sucursal em Portugal has become an important part of the Portuguese legal insurance market. Today, its portfolio consists of legal insurance products for individuals and corporate entities.
Contact data
ARAG Portugal
Mailing address headquarters
ARAG S.A. - Sucursal em Portugal
Rua Julieta Ferrão, 10 – 13º A
1600 – 131 Lisbon
Portugal
Point of contact
Juan Carlos Muñoz de Sentmenat
Telephone
+351 21 761 5320
Telefax
+351 21 761 5329
E-Mail

Country-Website
www.ARAG.pt
Additional Information