View more on these topics

TMA adds Safe&Secure to panel

The Mortgage Alliance has added Safe&Secure Insurance Services to its panel.

Through the link TMA has become the first mortgage club to promote the Safe&Secure proposition to the DA market.

Safe&Secure is offering TMA members an introductory offer of a £20 gift voucher to the broker’s client upon the completion of a sale.

The voucher can be redeemed at either Sainsbury’s or Marks and Spencer.

Phil Whitehouse, head of TMA, says: “As an industry it is vital that we choose our affiliations carefully. This is why we align with experts such as Safe&Secure to offer members access to an array of ancillary products and services to add even more value to their overall proposition.

“These affiliations also offer members highly competitive levels of referral commission without worrying about any potential cross selling activity further down the line.

“Not all DA’s have the time or inclination to actually sell GI but by aligning themselves with a specialist they can help ensure clients are getting the right amount of cover from the best available deal whilst opening up a valuable extra income stream. However, brokers need to position this process correctly so that clients are receptive and open to the call once this referral process has been put in place.”

Jason Berry, head of distribution and strategy at Safe&Secure Insurance Services, says: “I’m delighted to be offering our new ‘sell it for you‘ general insurance proposition to TMA members. I am confident that every lead opportunity referred to Safe&Secure will result in additional revenue for the broker and either better cover or premium saving for the brokers customer. Simply referring five weekly leads can result in brokers building a yearly income of nearly £40k within four years.”

Recommended

Lloyds’ panel cull is a stealth reduction in consumer choice

I was intrigued by the news last week that Lloyds Banking Group is cutting its solicitor panel. All I can say is – what a lot of tosh. If Lloyds has a problem with a particular law firm or conveyancer by all means remove them, but this plan will lead to a restriction by stealth […]

Slimmed-down solicitor panel will help us limit fraud, claims Lloyds

Lloyds Banking Group says fraud played a part in its decision to cut its solicitor panel across all of its brands. Mortgage Strategy understands the bank is looking to cut from its panel all solicitors that do not submit at least one case a month. A spokeswoman for Lloyds says solicitors that do not do […]

Football trophy scheme rewards top performers

On August 30 Woolwich, in conjunction with Mortgage Strategy, will name the first winners of Top of the League, a scheme to reward top-performing intermediaries. The aim is to recognise two outstanding individuals each month who will be named Player of the Month or Manager of the Month. Top of the League nominees will have […]

Newsletter

News and expert analysis straight to your inbox

Sign up