JLT and iREDD promote property transfer insurance

| January 19, 2011 | 0 Comments

JLT Specialty and Intelligent Real Estate Due Diligence (iREDD) have teamed up to jointly promote and exploit new business opportunities in the UK real estate sector.

iREDD is a recently established insurance brokerage which promises a “unique and fresh approach” to the use of insurance products to speed up and improve the conveyancing and property transfer process.

The firm’s co-founder and general counsel, Robert McNally, explains: “iREDD works closely with lawyers, investors, developers, lenders, end users and others involved in residential and commercial real estate transactions, to provide a more flexible approach to the due diligence process.”

JLT partner, European real estate, Bill Gloyn, adds: “Many transactions have a legal issue that can be resolved by the use of insurance – a traditional lubricant for commerce.”

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Category: Business Insurance News, Companies News, Home Insurance News, Insurance News

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