ARAG legal insurance is owned and operated by the Faßbender family as part of the ARAG Group, headquartered in Düsseldorf, Germany. Founded in 1935 by Heinrich Faßbender, ARAG remains the largest family-owned enterprise in the German insurance sector and operates as an independent European corporation (Societas Europaea) without external corporate shareholders or public stock market listings. This private family ownership structure allows the global organization to focus on long-term stability and its foundational mission of providing affordable access to legal protection worldwide.
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