Barbon Insurance Group Ltd - the firm behind HomeLet, Letsure and Rentshield, has appointed a new non-executive chairman as a global asset management firm succeeds in its bid to become a majority shareholder.
The appointment of Peter Graham as non-executive chairman is subject to approval by the Financial Conduct Authority. Graham has made his name as one of the founding members and chief executive of esure, which went on to become one of the UK’s leading insurers.
His arrival at Barbon comes as the group accepts the Carlyle Group as majority shareholder.
Barbon’s chief executive Martin Totty says the group “is now poised for significant growth .... in a rapidly growing marketplace.”
Barbon works with a number of letting agencies who use its tenant referencing service while some landlords and tenants also hold its specialist insurance products.