Brightside Group PLC Insurance Partnership with RatedPeople.com (1636A)

TIDMBRT

RNS Number : 1636A

Brightside Group PLC

17 February 2014

Brightside Group plc

("Brightside", "the Group" or "the Company")

Exclusive Insurance Partnership with RatedPeople.com

Brightside Group, the specialist insurance broker, today announces the launch of an exclusive 12 month insurance partnership ("the Partnership"), with RatedPeople.com, the UK's largest online trade recommendation service.

Following the tender win, Brightside is now the sole insurance partner to RatedPeople.com, providing commercial vehicle and public liability insurance to the trade recommendation services' extensive database of registered trade members. The trade members will receive an offer exclusive to RatedPeople.com.

Commenting on the Partnership Marek Mossakowski, Director of Brand and New Business, at RatedPeople.com said: "At RatedPeople.com, whilst our primary focus is to connect homeowners with quality, local tradesmen, we also strive to deliver our customers exceptional value. Brightside not only won the tender based on its ability to provide exclusive, yet competitive insurance products to our tradesmen, but we also felt they are perfectly aligned with our brand values."

Interim CEO of Brightside, Paul Chase-Gardener, added: "We are pleased to be working with RatedPeople.com - like Brightside, RatedPeople.com has a strong focus on innovation and delivery. We are confident that this opportunity will be of long-term benefit to Brightside and RatedPeople.com as well as to our insurer panel, who have a substantial appetite for the type of business that the Partnership is expected to generate.

"Working with Affinity businesses is key to reaching our long-term aim of being a major insurance distribution business. Adding another household name to our partnership network represents a significant opportunity to develop our distribution reach, not only with the expected commercial vehicle and public liability policies, but also through our established SME cross sales business model".

---ENDS---

Brightside Group plc

   Paul Chase-Gardener (Interim CEO)                              +44 (0)1454 63 4194

Cenkos Securities plc (Nominated Advisor and Joint Corporate Broker)

   Bobbie Hilliam / Harry Pardoe                                        +44 (0)20 7397 8900

finnCap (Joint Corporate Broker)

   Stuart Andrews / Simon Johnson                                   +44 (0)20 7220 0500

Yellow Jersey PR Limited (Financial PR & IR)

Dominic Barretto +44 (0)776 853 7739

Anna Legge +44 (0)774 778 8221

Notes to Editors

Brightside Group plc

Brightside Group plc, (AIM:BRT) is a fast growing insurance broking and financial services group. The Group specialises in delivering market-leading insurance solutions to individuals and businesses. The Group is focused on customer service and operational excellence, adding value for policy holders and business partners alike across all classes of insurance.

Brightside and its associated businesses distribute insurance products online and through UK-based call centres. The Group's insurance activities are complemented by its financial services businesses.

For further information see - www.brightsidegroup.co.uk

Rated People Ltd

RatedPeople.com is the UK's leading online marketplace connecting homeowners with local tradesmen, nationwide. Its goal is to dramatically change the GBP40bn UK home improvement market, offering an easier and more reliable approach to sourcing high quality, available local tradesmen, and offering trade businesses a highly flexible and cost-effective marketing channel.

Since its launch RatedPeople.com has seen over 2.4 million jobs posted and has accumulated over 380,000 community ratings of its tradesmen members, provided by homeowners who have used the service to source tradesmen. The company has national coverage and covers all major trade types, including building, roofing, plumbing, electrical, joinery, painting & decorating and gardening work.

For homeowners, RatedPeople.com is a free service. Rated People generate subscription and transactional revenues from its trade customers.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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