Homeserve

Homeserve

Infobox_Company
company_name = Homeserve plc
company_
company_type = Public (LSE|HSV)
company_slogan =
foundation = 1993
location = Walsall, UK
key_people = Brian Whitty Chairman
Richard Harpin CEO
num_employees =
revenue = £554.9 million (2008)
operating_income=£77.5 million (2008)
net_income = £49.3 million (2008)
industry = Insurance
repairs
products =
homepage = [http://www.homeserve.com www.homeserve.com]

Homeserve PLC (lse|HSV) is a British based provider of home emergency insurance policies, emergency repair services and warranty services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The Company was originally established in 1993 as a joint venture between "South Staffordshire Water" and Richard Harpin under the name of "Fastfix". [http://www.homeserve.com/about/history Homeserve: History] ] In 1994 the Company launched a plumbing and drainage service for customers under the "Home Service Scheme" brand. In 2000 the Company introduced a claims management service (originally known as "Inter-Partner Assistance" and subsequently as "Home Hotline") based in Preston in Lancashire.

In 2001 the company launched "Doméo", a joint venture in France, and in 2003 it launched "Home Service" in the USA.

In 2004 the water business was demerged from the rest of the Group and the name of the Company was changed to "Homeserve plc". [ [http://findarticles.com/p/articles/mi_qn4158/is_/ai_n12768207 South Staffordshire plans to demerge water arm] ]

In 2005 the Company went on to buy Chem-Dry, a carpet cleaning and restoration business. [ [http://findarticles.com/p/articles/mi_qn4158/is_/ai_n13609063 Main movers - Homeserve] ]

Operations

Homeserve’s emergency insurance policies include cover for plumbing and drains, electrical emergencies, gas central heating and gas and water supply pipes. [ [http://www.homeserve.com/insurance Homeserve: Home Cover] ] The Company also provides landlord’s plumbing and heating insurance for rental properties including the legally required landlord’s CP12 gas inspection and annual safety certificate. [ [http://www.homeserve.com/insurance/landlords Homeserve: Landlords] ]

Emergency repair services include gas boilers and central heating, plumbing and drains, electrical breakdown, glazing services, emergency locksmiths and furniture and kitchen appliances repairs. [ [http://www.homeserve.com/jobs Homeserve: Home jobs] ]

Homeserve provides carpet cleaning and fire and flood restoration services for domestic and commercial premises through Chem-Dry UK.

References

External links

* [http://www.homeserve.com Official site]
* [http://www.uk-insurance-index.co.uk/insurance-company-2693.html Homeserve Review]


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