Paymentshield is a subsidiary of the Towergate Partnership and provides mortgage payment protection insurance, home buyer's protection, home insurance, landlords insurance and income protection. The Southport-based firm launched in 1992 and was acquired by Towergate in 2009.
Paymentshield is committed to the intermediary market and offers a range of commission and earnings options for advisers, including monthly commission payments, indemnity arrangements and commission and retirement buy-out schemes. They also offer a range of services targeting directly at end consumers.
In March 2015, Steve Wood was appointed the Chief Executive of Paymentshield.