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PNG helps brokers diversify service

Premier Network Group has launched an introducer service for brokers looking to diversify the products they offer.

The service allows brokers to earn a referral fee from a range of financial products. Clients will be referred to Trilogy Financial Services via PNG for advice on life and general insurance, mortgages, pensions and investment and equity release.

Karen Butt, head of group sales and marketing at PNG, says: “Brokers can earn commission on business they are unable to place. This may be because they are unqualified in that sector or want the ease of referrals.”

Danny Lovey, principal of The Mortgage Practitioner, says: “There are always firms looking to facilitate. This isn’t new. But it’s a sad state of affairs if brokers can’t find clients appropriate insurance.”


NACFB bolsters member support

The National Association of Commercial Finance Brokers has bolstered its support to members following Commercial First’s decision to cease new business trading. It includes the compilation of a list of lenders who are willing and have the capacity for new business.Adam Tyler, chief executive of the NACFB, says: “Obviously, as such a large lender in […]

Get ready to pay, FOS tells brokers

Brokers have been advised to ensure their professional indemnity insurance is in shape to cope with a rising tide of complaints.In a recent speech, Tony Boorman, decisions director and principal om-budsman at the Financial Ombudsman Service, revealed the FOS has seen a 50% increase in mortgage complaints this year compared with Q1 2007.While he insists […]

Home truths from across the Atlantic

Towards the end of play on March 14 – the day Bear Stearns’ shares tumbled by 50% – Morris Reid, erstwhile aide to former US President Bill Clinton and now a media pundit and managing director of a public affairs firm in Washington DC, dropped by for a chat.

Jurassic Parked

Meanwhile it’s a case of 3,000 miles of separation for Quantum managing director for Jonathan Burridge and his team.

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In Focus — May 2015: private medical insurance market in Germany

Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.


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