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.
Accurate energy performance data is a must to ensure mortgage lenders can accurately assess affordability and reduce risk – here’s why.
Read moreLast week security researchers publicised a malicious back door in the XZ Utils library, a widely used suite of software that gives developers lossless compression and is commonly used for compressing software releases and Linux kernel images. The backdoor could, under certain circumstances be used to run unauthorised code via the encrypted SSH connection protocol. […]
Read moreThe Kamma app is officially live on the Reapit marketplace! This integration arrives just in time to confront the introduction of fifteen new licensing schemes and six current consultations in the first half of the year alone. Kamma’s Reapit integration empowers you to effortlessly manage your licensing compliance through: How does the app work with […]
Read moreRegular news, information and insights from Kamma. No spam. Unsubscribe at any time.
Subscribing ...
Sorry, we really want to but we couldn't subscribe you due to missing or incorrect information; please update the information that's highlighted in red and try again.
Well this is awkward. Something went wrong on the internet between your browser and our newletter subscription service. Please let us know and we'll do our best to fix it for you.
Thanks for subscribing! Check your Inbox in a short while for a confirmation email to check it was really you that just subscribed. If you've already subscribed, we'll keep your subscription but you won't receive a confirmation email this time.