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Barbon Insurance has acquired Zennor Ltd

__________________________________

21st April 2009

With effect from 21 April 2009 Barbon Insurance Group Limited(www.barbon.com) has acquired Zennor Limited, the Central London based property and commercial insurance specialist Managing General Agent.

Managing Director of Barbon's Property and Commercial Division, Nick Sharp, commented that: - "Bringing the Zennor MGA into the Group is both an excellent strategic and tactical acquisition for Barbon".

Martin Oliver CEO Barbon Insurance Group added "This acquisition is a real vote of confidence from our owners and sends a clear message to our staff, customers, insurers, and competitors that Barbon is hungry for growth and securing our customers the very best product and cover"

Zennor are the largest provider of property stock insurance to Barbon's Social Housing brand, 'FARR Insurance', the leading Broker in the Residential Social Housing sector.

This key strategic acquisition demonstrates Barbon's strong commitment to expand its presence in the RSL sector over the long term and this vertical integration will allow FARR Insurance and Zennor to work closer together in enhancing our value added insurance products to this important sector to Barbon".

Zennor will continue to operate as a stand alone business unit within the Barbon Group from its offices in London and Simon Perry, Underwriting Director at Zennor commented, that: - "The coming together as part of the enlarged Barbon Group is a natural positive progression for the Zennor brand. Our team at Zennor are looking forward to working even more closely with the team at FARR and the other brands within the Barbon Group".

 

Source: Barbon Insurance

Further information about Barbon Insurance Group

See also HomeLet (Group) Press Information:

HomeLet Insurance launch new forum for letting agents - June 2010

HomeLet and Martin & Co offer new cover for Landlords - June 2010

There are a record breaking number of renewals for Martin & Co - June 2010

HomeLet sponsors Bloom Apprenticeship Academy for Estate and Letting Agents - June 2010

Do landlords really need specialist insurance? - June 2010

Rent Guarantee claim a landlord's experience - June 2010

HomeLet Insurance update - June 2010

The Letting Agent of the Year Awards - June 2010

Grant Shapps appointed as new Housing Minister - May 2010

Cold Snap Could Prove Costly for Landlords says HomeLet Insurance - January 2010

HomeLet Launch New Range of Landlord's Insurance - December 2009

HomeLet Insurance offers service guarantee to Letsense Agents - December 2009

HomeLet to launch innovative new insurance policy product - December 2009

Demand for HomeLet insurance doubles - October 2009

Barbon Insurance has acquired Zennor Ltd - April 2009

Tenants should Insure against recession related crime - February 2009

Barbon Insurance Appoints New Directors - Compliance - IT - Finance - February 2009

New Managing Director for Letsure- Barbon Insurance Group has announced the appointment of Ian Fraser as Managing Director - January 2009

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

Also: HomeLet Landlord & Tenant Insurance Sponsors Negotiator Award The 2008 awards from The Negotiator Magazine took place at the London Hilton on the 11th November


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Please note, all details on any of the Insurance industry Press Releases displayed on this site are provided by insurance companies, organisations, Government departments and media and jml Property Services does not take any responsibility for their content or accuracy.

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jml Training and Consultancy Press Releases



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