Epoq Legal Introduces Business Risk Protection Service for Legal Claims

July 31, 2019

Insuretech service provider Epoq Legal has rolled out a new service designed for small- to medium-sized enterprises as either an optional or mandatory product sold alongside insurance and financial services products. The product was designed to help SMEs become more aware of their legal rights and obligations and enhance both the prospects of successfully defending and pursuing legal claims.

Currently working with major insurers such as DAS, Arc Legal, ARAG Insurance and ALP (Allianz) on their legal expenses insurance (LEI) cover, Epoq is now offering its service to commercial lines insurers, brokers, challenger banks and other financial service providers with a more widely accessible business risk protection (BRP) product.

BRP provides SMEs with hi-tech legal document drafting and advice, covering around 120 different services. Epoq’s legal team forms part of a “smart process” to check and amend any documents drafted, and give advice on business contracts, workplace and regulatory topics such as consultancy agreements, employment contracts, debt recovery, health and safety, and debtor management.

The legal service web platform works on all modern mobile devices and desktop computers. Featuring Epoq’s legal document automation technology customers can prepare legal documents in real time by answering a series of AI driven questions to generate a fully tailored legal document. The drafting process also includes explanations, practical examples and searchable guidance notes.

BRP does not require a valid claim to use the service and helps SMEs reduce the risk of liability claims and awards, as well as enhances the prospects of legal recovery action and defense through the legal compliance and tight contractual provisions of Epoq’s legal documents.

Formed in 1994, Epoq develops real-time, online legal document drafting services delivered to customers by insurers, banks and membership organizations.

The service includes hundreds of business and family legal documents, contracts and letters, and an SRA regulated team of lawyers on hand for document reviews and legal advice 24/7, as well as extensive law guides all available online or over the phone.

Topics Claims Commercial Lines Business Insurance

Was this article valuable?

Here are more articles you may enjoy.