Cabot Credit Management Swoops Two Industry Awards
14 October 2015 - Cabot Credit Management Group, a leading acquirer and manager of consumer debt, has won two awards at this year's Credit Excellence awards hosted by Credit, Collections and Risk (CCR).
Cabot Credit Management was awarded the Credit Excellence Award for Compliance.
Mortimer Clarke Solicitors, a law firm within the Group, received the Credit Excellence Award in the Legal and Enforcement Profession.
Presenting the Legal and Enforcement Profession award judge Alessia Frisina, senior corporate counsel, Cisco Systems said: "All applicants were impressive and we found it difficult to decide - after an additional round of questions, we felt that one of them showed a clearer approach to enforcement and were spot on, on the questions asked. For this reason, we have decided that the first place should go to Mortimer Clarke Solicitors."
Gail Armstrong, credit operations manager, Siemens, who was on the judging panel for the compliance award, said: "The winners put together the strongest application based on a level of employee involvement which went beyond the rest and included a number of interesting initiatives."
Ken Stannard, CEO, Cabot Credit Management said: "We are extremely proud of winning both the compliance and legal enforcement awards at this year's Credit Excellence awards. These demonstrate our level of professionalism and highlights our commitment to putting the customer at the forefront of our business and ensuring we give them an excellent level of service whilst working within the regulatory framework."
The event, which has now been running for six years, was held on 6th October at the Guoman Tower Hotel in London and was attended by over 400 industry professionals.
About Cabot Credit Management
Cabot Credit Management is a market leader in debt purchasing, contingency collections, litigation and customer tracing, and is divided into five specialty businesses: Cabot Financial, Cabot Financial Ireland, Apex Credit Management, dlc and Mortimer Clarke Solicitors.
As at 30 June 2015 the combined Cabot Credit Management group has invested £1.7 billion in acquiring portfolios with a Face Value in excess of £16.0 billion update and has an ERC (estimated remaining collections) of £1.85 billion. It manages in the region of £1 billion of assets on behalf of clients, collects over £35 million per month on portfolios it either owns or services on behalf of clients, and has delivered consistently strong financial performance, having grown its business in each of the last 16 years without exception.
The group, which has purchased over 7 million customer accounts, employs approximately 1200 people with offices in Kings Hill, Stratford-upon-Avon, Brackley, Dublin, Worthing, and London. The company prides itself on its ethical values, customer service and high standards. It has an impressive list of accolades including:
· Investors in People Gold and Champion awards
· Treating Customers Fairly Award 2015, Credit Today
The controlling shareholder of Cabot Credit Management is Encore Capital Group, an international speciality finance company providing debt recovery solutions, with the remaining equity being held by a fund advised by J.C. Flowers & Co. in addition to company management.