The Collinson Group has announced its imminent acquisition of Aria Assistance, in an agreement that will be subject to the regulator’s approval.
Aria Assistance will operate within The Collinson Group’s insurance division, adding to the Group’s growing portfolio of complementary businesses within the general insurance and financial services markets.
David Evans, director of The Collinson Group, said: “Our insurance division already offers a diverse suite of products and services to the consumer and corporate markets, delivered through our award-winning retail brands, underwriting companies and recently purchased Claims and Assistance business, the One Group. We look forward to adding Aria Assistance and Aria International Health Solutions to our group as it completes a vital part of the jigsaw and significantly boosts our assistance capabilities.
This acquisition continues The Collinson Group’s strategy of becoming a major provider of value add goods and services to corporations worldwide. The completion of this acquisition will deliver one of the most compelling product offerings of any organisation within the customer management and packaged accounts market. These products and services include insurance, assistance, card protection, ID theft, airport lounge access, loyalty expertise as well as the technology to deliver these benefits seamlessly to end customers. The excellent servicing capability offered by Aria will further help to ensure the support our +20m customers receive remains of the highest level.”
Aria Assistance has been at the forefront of the development of assistance services within the UK and Ireland for over 40 years. Formerly part of the Europ Assistance Group, Aria Assistance is a leading provider of roadside assistance, travel insurance services, home emergency assistance and health assistance solutions including international private medical insurance.
With offices and contact centres in Haywards Heath and Navan, Republic of Ireland, Aria Assistance underwrites over £50 million GWP and handles over a quarter of a million claims and assistance cases each year.
Patrick Leroy, chief executive officer of Aria Assistance said: “We are delighted to be joining a group which shares our ethos of service and innovation, and look forward to taking advantage of the new opportunities that will emerge. We have sought to become the benchmark for service and delivery, and I believe that our proven expertise in delivering assistance services and building quality networks around the world can make a significant contribution to The Collinson Group’s continuing success. ”
