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LetSense Plc

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New lettings risk company launched

See also: David Greenaway appointed as Business Development Manager


20th October 2008 - Letsense Plc

Some of the biggest names in insurance have joined forces to launch a brand new company aimed at the lettings market.

Brian Turney, former Managing Director at lettings insurance firm Letsure and regarded by many as the face of the residential lettings insurance industry, has teamed up with insurance expert Peter Knowles and former senior colleagues Alan Holton and Rob Jones to set up residential lettings insurance and tenant referencing provider LetSense.

“We have brought together the very best of the industry and drawn on all of our experience to offer those operating in the lettings market the finest possible service,” said Managing Director Mr Turney, who has devoted more than 17 years to providing products and services to the residential lettings market.

“We have born witness to some of the market’s past and present failings and our combined expertise will ensure our products are unrivalled in the marketplace, improving agents’ overall service offering to landlords.”

“This is a very exciting time for the lettings market. The industry is booming, particularly in the wake of the downturn in property sales, and there is a gap in the market for superior lettings insurance provisions.”

The firm, which officially launches on October 20, has been backed by insurance giant MMA Insurance plc, a major European insurer and part of the Covéa Group.

LetSense will initially offer tenant referencing and rent and legal protection insurance services for letting agents, with a range of other related products for agents, landlords and tenants set to be unveiled in the coming months.

A key element of the company’s offering to letting agents is its new state-of-the-art software platform. This powerful Internet-based technology enables agents to administer LetSense’s product range electronically, eradicating costly and time consuming paperwork.

Mr Turney added: “This new system will be the most markedly user-friendly and reliable software of its kind available to letting agents.

“Our aim is to exceed the expectations of landlords, tenants and agents and we will use all of our knowledge and experience to ensure that this happens.”

The quartet pull together almost a century of expertise in the insurance industry.

Mr Turney boasts 40 years insurance industry experience and played a key role in establishing what has become today’s recognised service model for the lettings industry.

With 22 years working at board level, he was instrumental in the development of tenant referencing services and products such as rent and legal protection, which have now become integral to the market.

LetSense Chief Executive Mr Knowles became well known during his time heading up schemes business for Norwich Union before becoming Strategy and Marketing Director at imarket. Earlier this year he left his role as Market Director for General Insurance at the Chartered Insurance Institute (CII) to head up the new venture.

Mr Holton, LetSense Sales Director, boasts a wealth of knowledge in the property insurance market after holding executive positions at Letsure and Homelet.

Mr Jones meanwhile, LetSense Operations Director, brings an abundance of marketing and IT experience to the company, gained from delivering solutions to businesses in insurance, retail, property investment and mail order.

Source: LetSense Press Releases

David Greenaway appointed as Business Development Manager

23rd October 2008 - Letsense Plc

LetSense, the new residential lettings insurance and tenant referencing provider, has appointed David Greenaway as Business Development Manager.

David has been a fully qualified financial adviser for more than a decade and is a qualified mortgage adviser holding both CeMap and CeFa.

Having fostered strong relationships with lettings agents over many years, helping to add value to their bottom line, he has developed an in depth knowledge of the industry.

“I am delighted that at LetSense we are putting the customer first,” he said.

“Our structure makes it possible for me to act as a key point of contact with our customers, while being supported by a great team at our offices and in the field.”

“Initial reaction has been fantastic and the online environment for submitting a tenant’s reference has had a very warm welcome. This is particularly satisfying as we have worked hard to make our platform seamless, easy on the eye, very user-friendly and reliable.

“We are therefore delighted with the terrific feedback we’ve had from our agents in a matter of just a few days following our launch.”

Sales Director Alan Holton added: “To have someone with David’s experience and credentials joining LetSense is a considerable boost to our ambitions and vision for the company. We are delighted to welcome him to our team.

“The lettings market is extremely buoyant and the LetSense proposition fits hand-in-glove with letting agent requirements to provide a first rate service to their customers.

“With little interruption to daily operations, it will enable them to take full advantage of this market trend.

Source: LetSense Press Releases

SEE ALSO:

December 2009: HomeLet Insurance offers service guarantee to Letsense Agents -HomeLet one of the UK’s largest landlord and Tenant insurance providers has issued a press release on Friday 4th December 09

November 2009: HomeLet to rescue LetSense agents - Tenant referencing and insurance firm, HomeLet, is offering assistance to agents linked to rival firm, LetSense, which is about to close.

November 2009: Letsense Reference Insurance to Close - Letsense which was launched by chief executive Peter Knowles and Brian Turney, former managing director of Letsure in October 2008, has put its 12 staff on notice.


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