REDT.L Regulatory News (REDT)

13 Nov 2006 07:01

ARC Risk Management Group PLC13 November 2006 ARC RISK MANAGEMENT GROUP PLC red24 signs contract with XN Financial ARC Risk Management Group Plc ("ARC" or "the Company"), the AIM-listed globalsecurity company, is pleased to announce that its core division, red24 hassigned a contract in Canada with XN Financial, a division of XN Holdings, toprovide online security assistance for its international assignees. XN Holdings(TM) is a leading provider of insurance and financial productsdesigned specifically for the needs of international assignees, high net worthindividuals and directors and officers of privately owned companies. Under the terms of the deal red24 will provide XN Financial constantly updatedtravel and personal security related advisory content, which will be availableto XN Financial's clients via their own website. Commenting, Simon Richards, Chairman of ARC Risk Management Group plc said:"This is an exciting contract for red24 and helps us continue to build ourpresence in North America. The contract is further evidence of red24's abilityto supply corporate clients worldwide with tailor made solutions to provide thevery best in security risk management." XN Holdings(TM) President and CEO, Daniel Anber, stated:"Timely, easy access to detailed global security information is extremelyimportant to our members. Unlike companies providing similar services, red24offers far more than just a website with fact sheets." ---ENDS--- ARC Risk Management Group plc 01189 740875Simon Richards Threadneedle Communications 020 7936 9606Josh Royston / Graham Herring HB Corporate 020 7510 8600Imran Ahmad Notes to Editors: ARC Risk Management Group plc is a provider of security risk managementservices, offering preventative and reactive advice to help individuals avoidand manage personal risks to themselves and their families. The products aredistributed through leading international financial service companies. About XN HoldingsTMXN Holdings(tm), headquartered in Boca Raton, Florida, is a leading provider ofinsurance and financial products designed specifically for the needs ofinternational assignees, high net worth individuals and directors and officersof privately owned companies. XN Holdings(tm) supports its growing portfolio ofproducts with powerful technology, a global call center that offers 24/7multilingual service and strategic alliances focused in the areas of health,safety and security. For more information, please visit www.xn.com This information is provided by RNS The company news service from the London Stock Exchange