Kamma announce new partnership with Mint Insurance

Date:


Geospatial technology firm, Kamma, has announced that they have entered into a new partnership with insurance brokers Mint Insurance with the aim of reducing risks for property professionals, both in terms of insurance and property licensing.

The total fines for non-compliant letting agents and landlords have now hit £7.5 million, an increase of £300,000 in less than four months. The average amount of fines imposed on landlords for all offences is now £4,233 and £4,440 for letting agents. So there continue to be many risks for property professionals including market risks and regulatory risks.

The best property professionals will need to have safeguarding tools in place to protect themselves and their customers. Thanks to Kamma’s new group supplier deal with Mint Insurance, all Mint Insurance customers will have access to discounted offers of Kamma’s licensing compliance services and tools.

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

Orla Shields, (pictured) Kamma’s CEO, comments: “We’re excited to be partnering with a market leader specialising in servicing the insurance needs of property professionals like Mint. We continue to seek out new partners that we know will further our mission and support us in helping agents reduce risks and increase regulatory compliance in the property sector. This partnership helps agents dramatically reduce their risks and does so in an operationally efficient way”.

Oliver Wharmby, Mint Insurance brokers director, adds: “We are always looking at ways to mitigate risk, promote good practice and add value for our policyholders. Licencing is a growing area of concern which is noticeably affecting more and more agents. Kamma’s unique proposition will help agents manage their risk and avoid fines and potential brand reputational damage. With new legislation constantly being introduced and existing legislation ever-evolving, we hope our partnership with Kamma will raise awareness and help protect agents who operate in the PRS.”



Source link

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

International Students’ struggle with Student Health Insurance Plan – Lindenlink

A Student Health Insurance Plan was put in place by Lindenwood for the beginning of Fall 22. Lindenwood...

Fruits of Grace: The First Friday and First Saturday Devotions

Like many Americans, I carry insurance on a number of different things – some because I’m legally...

Mercury General Co. (NYSE:MCY) Short Interest Down 14.9% in September

Mercury General Co. (NYSE:MCY - Get Rating) was the recipient of a significant drop in short interest...

UWM unveils alternative to traditional lender title process

United Wholesale Mortgage (UWM) CEO Mat Ishbia announced three initiatives for brokers at AIME Fuse on Saturday....