- Kamma’s unique licensing and HMO checker data now available to Mint Insurance’s customers for a discounted deal
- The partnership will eliminate any risks of non compliance in the insurance and licensing space for property professionals
- Link-up also solves the issue of lack of data in the lettings process, supporting automation, streamlining and effective decision-making in the process
June 14, 2022 – Geospatial technology firm Kamma have announced a new partnership with leading insurance brokers Mint Insurance. The partnership will help eliminate all risks for property professionals, both in terms of insurance and property licensing.
The total fines for non-compliant letting agents and landlords has 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.
The partnership blends a world-class platform with unique data and insights, as Kamma’s CEO Orla Shields explains: “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”.
Mint Insurance Brokers Director Oliver Wharmby – We are always looking at ways to mitigate risk, promote good practice and add value for our policy holders. Licensing 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.
