The Association is a not-for-profit organisation and is now in its eleventh year as a membership run professional body. Fees for 2010/11 are £1,575 + VAT for Full Members and £525 +VAT for Associate Members. There is no charge for Affiliate Membership which is determined, upon application, by the Board.

There are two (2) membership categories, explanations of which are set out below. Membership is on a Company basis, and whilst one representative is requested as a main contact, there are no limits to the number of the members' employees that may make use of the Association.

The following are the categories of membership of the Association:

• Full 
• Associate

Full membership of the Association shall be open to those companies that have assumed insurance or reinsurance liabilities that are now in run-off. Also service providers that provide legacy management administration or advice services and are based in the UK. Overseas branches and overseas corporation see below.

Associate membership of the association shall be open, as above, for UK companies having fewer than ten(10) employees and branch offices based overseas. 

Affiliate membership of the Association shall only be granted by the Board. Other trade association's and market bodies may apply to the Board for consideration of this honourary membership.

Confirmation of acceptance, in any category of membership, shall be subject to fulfillment of the applicable membership criteria, completion and return of an acceptable application form and payment of the appropriate subscription fee laid down from time to time by the Board.  Membership of the association begins from receipt of the application and full benefits will follow within 30 days of the invoice, providing it has been paid.

The Association in a general meeting may, by vote of three quarters of its voting members and for good reason, terminate the membership of any member forthwith provided that the company or individual concerned shall have the right to be heard at such meeting before a final decision is made.

Please click here if you would like to join ARC.