DARAG Group expands UK claims services through new partnership with Unipol Assicurazioni

DARAG Group, a legacy acquirer with a focus on the European market, has signed a service agreement with Italian insurer Unipol Assicurazioni S.p.A. (Unipol).

Unipol Assicurazioni is the parent company of the Unipol Group, one of the larger insurance providers in Europe and the dominant player in Italy’s non-life insurance sector, particularly in motor and health insurance.

Under the new arrangement, DARAG Deutschland AG (DAG) will partner with Davies Group, a provider of professional and technology services, to handle claims stemming from the runoff of a UK motor portfolio reinsured by Unipol. The contract appoints DARAG to manage the day-to-day claims activity for the portfolio.

The agreement extends DARAG’s activity in the UK market and reflects a continued push to offer claims services alongside its legacy acquisition business.

By managing the portfolio without acquiring it, DARAG adds another source of fee-based income and positions itself to support clients seeking operational help without a full transfer of liabilities.

This contract aligns with DARAG’s broader service model, which includes tailored operational support that can be offered independently or as an initial step toward a traditional legacy transaction.

Tom Booth, CEO of DARAG, commented: “We have established an excellent relationship with Unipol and I am delighted that they have signed this second contract with us, demonstrating their trust in us for managing their runoff business and their TPA relationships. As DARAG focuses on core strengths with an eye both on our roots and our future, 2025 is proving to be a record-breaking year with this contract being the fifth executed in 2025.”

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