Posted:04-July-2008
Martin & Co franchise signs 3 year deal with Homelet
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 applications in May. Group revenue is up by 51% year on year so the commercial future for both organisations looks assured.
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