Johns Lyng announces partnership with WA-based insurer

Company News

by Anna Napoli

Johns Lyng Group (ASX:JLG) has entered into a partnership with a WA based insurer, for the provision of domestic property insurance repair work on up to 1000 properties a quarter.

The agreement will come into place from the 1st of February next year for an initial 12 month term, with provision for a further five years.

It covers both business as usual claims and claims made during peak events such as floods and storms.

The company says that this totally new partnership, and, new contract reflects JLG's commitment to growing into the only insurance builder with a truly national footprint.

 Shares in Johns Lyng Group (ASX:JLG) last traded at 93 cents.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.