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Martin
& Co announces three year deal with HomeLet
__________________________________
9th
July 2008
The
UK's number one letting agent Martin & Co has signed an exclusive
three-year deal with HomeLet
- the market-leading insurance provider for the lettings industry.
The
lettings franchise group is now HomeLet's largest client.
Ian
Wilson, Managing Director of Martin & Co, said: "In times
of uncertainty it's good to have business partners you can
rely on. We are delighted to be working with HomeLet, the
principal provider of credit referencing and specialist insurance
products to the UK lettings market."
He
continued: "A three-year deal allows our franchisees to budget
and gives them some great incentives to increase business
volumes. As with all our supply arrangements they are entered
in to with our franchisees' best interests at heart."
On
Monday HomeLet's parent company, EIS,
announced that it will be changing its name to Barbon Insurance
Group Limited in August as part of a rebranding exercise following
a change of ownership.
Commenting
on this announcement Mr Wilson said Martin & Co is pleased
to be working with HomeLet at such an exciting time. "Following
the takeover of EIS, HomeLet and the other EIS-owned insurance
businesses now have a more secure future," he said.
"We
need to be in a position to provide our clients with fast
and accurate solutions to meet their insurance needs. We had
no qualms about making a commitment with HomeLet which offers
an unrivalled package of products and support."
Marie
Scott, the Head of Principal Accounts at HomeLet, has managed
the account for four years and has 9 years' experience of
the HomeLet product range.
Marie
commented: "Martin & Co franchisees benefit from HomeLet's
dedicated business development services. Their offices have
access to immediate over-the-phone or face- to-face support
as and when required, wherever they are in the country, from
Truro to Cardiff to Aberdeen.
"Our
extensive product training gives their new franchisees immediate
credibility with insurance and referencing products in front
of the customer."
With
over 134 franchised offices trading and another 12 preparing
to launch Martin & Co has just announced a bumper month with
seven new franchise opportunity applications in May.
Group
revenue is up by 51% year on year so the commercial future
for both organisations looks assured.
Notes
about this Press Release
Martin
& Co:
-
Established in Dorset by Chairman Richard Martin in 1986,
Martin & Co (UK) Ltd became a franchised operation in 1995.
The head office is based in Bournemouth. It is a recognised
Investor in People and a full member of the British Franchise
Association. - Martin & Co is the UK’s largest residential
lettings agent with 146 offices throughout the UK (open 134
and pre-launch 12).
HomeLet:
-
HomeLet is the UK’s largest tenant
referencing, Rent Guarantee and specialist insurance provider
for the lettings industry and offers landlords a wide range
of products through its network of almost 5,500 letting agents
across the UK. - HomeLet is a trading name of Erinaceous Insurance
Services Limited which was recently sold to a new investment
company (Caley Limited) owned by leading banks HBOS, HSBC
and Lloyds TSB. - During August 2008 EIS will be changing
its name to Barbon
Insurance Group Limited. The new name is derived from
Dr Nicholas Barbon who is credited with being the ‘Father
of Fire Insurance' after introducing fire insurance for buildings
to England after the Great Fire of London.
Website:
www.homelet.co.uk
Source
Martin & Co
See
also HomeLet (Group) Press Information:
New Chief Executive for Barbon Insurance
- September 2008
Barbon
Insurance Reveals Latest Financial Results - September 2008
EIS
Completes Rebranding Exercise to Become Barbon Insurance Limited
-August 2008
jml
Insurance are very pleased that HomeLet and Letsure are now
under the Barbon Insurance Group umbrella - August 2008
Martin
& Co announces three year deal with HomeLet - July 2008
HomeLet
staff gain promotions - June 2008
New
Customer relations manager for EIS Insurance Solutions - June
2008
EIS
sale completed - New and stable long term ownership - April
2008
EIS
separates from Erinaceous Group - New and stable ownership
- April 2008
Erinaceous
placed in administration - April 2008
jml
Insurance will now be introducing Homelet Landlord & Tenant
insurance instead of Letsure - March 2008
Erinaceous
puts insurance division up for sale - January - February 2008
Brian
Turney has left Lumley Letsure - June 2007
Erinaceous
Group Plc Opens Property Management Office in Dublin, Ireland
- May 2007
HomeLet
IPEX -Landlords set for buy-to-let revolution as new scheme
launched - March 2007
HomeLet
Rental insurance launch Portfolio Insurance from 10th July
2006 in the UK
Letsure
has a new Glasgow offices December 2005
HomeLet
launches new low cost option landlord’s protection - July
2003
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