A new property valuation and risk management firm is set to launch next month, backed by Agrical Limited.

Three former Cunningham Lindsay industry figures — Martyn Barrett, Roger Corp, and Lorna Harrington — have come together to form Barrett Corp & Harrington Limited, which will trade as bch authentica.

Corp said: “Bch's business will be dedicated to valuations and surveys for insurance purposes across the UK. Dedication is critical to our business philosophy because we want to differentiate ourselves from other service providers.

“These providers may offer similar services but only as an ‘add on' to a wider business base that has a different focus. We will handle all types of commercial and domestic valuations including historic and listed properties. We are already being supported by a number of leading insurers and brokers and believe the service and quality of our products will be market leading. Authentica understands this area of the market very well and their support will be invaluable in developing the business.”

Barrett is a chartered quantity surveyor and chartered loss adjuster and ran Cunningham Lindsay's insurance valuation division; Corp worked as Midlands regional director and, more recently, risk solutions director at the loss adjuster; and Harrington has experience at Aon (Bain Hogg), Chubb and AIG, as well as Cunningham Lindsay.

Bob Morris, chief executive of Agrical, has been made a director of bch. He said: “Agrical is delighted to have been given the opportunity to invest in this new business through our Authentica brand and we are very excited about the prospects for the joint venture.

“We have built up a considerable portfolio of risk survey and valuation work in Authentica and we have been looking for ways to expand that portfolio and enhance the UK resource available to the insurance market and its clients. Martyn, Roger and Lorna have a significant reputation in this sector and the joint venture will provide existing and future clients with enhanced skills and a much broader range of services.”