RNS Number:7017P
ARC Risk Management Group PLC
12 September 2003


                         ARC RISK MANAGEMENT GROUP PLC
                            ("ARC" or the "Company")

                      ARC AWARDED CONTRACT WITH HISCOX PLC


The Board of ARC Risk Management Group Plc, is pleased to announce that it has
been awarded a contract with Hiscox plc, the UK's leading specialist insurer,
for the provision of ARC's red24 security products to its private clients.

Today's announcement follows an earlier agreement with HSBC Bank plc, announced
by the Company on 8 September 2003, and reflects the strong interest in the
Company's security products.

Hiscox recognises the benefit of providing a value-added security service for
their clients, particularly in the current environment of heightened security
awareness. Under the terms of the contract, red24 cover will be automatically
provided to an initial minimum of 30,000 private clients. These clients will
enjoy a 24 hour, 365 days a year telephony and web-based communication facility
with security experts who can provide them with guidance and advice on domestic
and worldwide security risks.

Hiscox is one of the UK's largest insurance companies, providing innovative
insurance solutions to individuals and businesses worldwide. From homes to film
production, terrorism to fine art - the Company's areas of expertise are
diverse, and often unusual.

Rob Whiting, ARC's Chief Executive, commented: "This contract, which follows on
from our recently announced agency agreement with HSBC, is further confirmation
of our growing position and credibility in the security services market. It
acknowledges the value of our unique service, which is well positioned to
provide real value against a backdrop of increased personal anxiety over
security issues. Hiscox is one of the leading specialist insurers around the
world and we are confident of developing a strong and mutually beneficial
relationship going forward."

Enquiries:

ARC Risk Management Group Plc Tel: 01491 875455
Rob Whiting
Chief Executive

www.arcrisk.com
www.red24.info

Barnes and Walters Limited Tel: 020 7430 1600
Maxine Barnes
Dominic Barretto


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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