£15,000
Financial Services
Yes
£48,000
£32,995
£80,000
About Concept Claim Solutions
For the past 20 years, the Concept brand has acted as an ally for vulnerable policyholders, providing assistance to the community. In a time when complaints to insurance companies and the number of claim upheld are on the rise, Concept aims to be a key difference-maker, ensuring policyholders receive a fair resolution quickly, their homes are repaired, and their lives return to normal - all at no cost to them.
Concept is part of the Insurance Solutions Group, which includes three franchised networks and three non-franchised companies, which further bolster the brand’s success. This group of companies has cultivated niche specialties, and all franchisees benefit from these connections, shared knowledge, and the backing of the brand.
How does the Concept Claim Solutions franchise model work?
As a franchisee with Concept Claim Solutions, you’ll serve as a claims manager, authorised by the Financial Conduct Authority, to oversee building policy holders’ property damage insurance claims.
The full service, from the initial survey to the completion of repairs by Concept Claim Solutions’ approved contractors, is provided at no cost to the policyholder.
You’ll receive continuous support from a centralised call centre and claims handling team, assisting with contractor appointments, assessing claim validity, and negotiating and settling claims on behalf of your clients.
The Insurance Solutions Group manages calls 24/7, seven days a week, and often serves as the first point of contact for customers. They currently handle more than 30,000 calls annually.
What type of franchisee is Concept Claims Solutions looking for?
Concept Claim Solutions is seeking enthusiastic, motivated, and professional individuals who can effectively manage projects and build strong relationships.
No prior experience in running a business, insurance, or the building industry is required to join Concept, as the franchise offers training and support. However, it does require a strong dedication to customer service, a professional and ethical approach, and a determination to succeed.
Training and support
Concept franchisees receive support in every aspect of their business. The franchise says a commitment to support is a core value for the brand and it believes this sets the Concept apart from the competition.
The franchise training team includes mentor franchisees, qualified surveyors, CII/CILA certified claims handlers, a network manager with a background in franchising and construction, and a head office team all focused on helping you achieve success in your business.
Concept provides an induction course, followed by a Launch Establishment Action Plan (LEAP) development programme to ensure you’re fully prepared to succeed with your franchise from day one.
Financial information
Minimum investment is £15,000 capital and ROI is expected to be achieved in the first year.
Revenue estimates: year 1 - £42,972, year 2 - £83,400, year 3 - £110,072.
Why is Concept Claim Solutions a good investment?
Property insurance claim pay outs have reached £4.1 billion for the year to date, according to The Association of British Insurers (ABI) - this is the biggest amount for the first nine months of the year since its records started in 2017. Every policy holder is entitled to appoint professional representation, meaning the service is always in demand.
The Concept model has proven to be resilient to macroeconomic factors such as fiscal, natural, or geographical events - growing its franchise network.
What locations is Concept Claim Solutions looking to target?
Concept Claim Solutions has a number of franchise territories available around the UK and is currently seeking motivated individuals from any background to start their own project management businesses.
Territories are available in North Yorkshire, Cumbria, Blackburn and North Lancashire, Leeds, York, North East England, Scotland, Wales, Birmingham and Central Midlands.
What are the franchise terms of agreement and renewal?
Concept Claim Solutions offers a 5 year franchise agreement with the right to renew.
Enquire into this franchise today
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