TMA Club has announced a new partnership with specialist insurance broker Howden, aiming to provide its members with access to a dedicated TMA Professional Indemnity Insurance (PII) facility at discounted rates.
Firms that have purchased any of TMA’s three compliance packages – core, lite, or extra lite – will be eligible for the insurance discount arranged by Howden’s PII team.
TMA’s bespoke compliance packages are tailored to individual business requirements and include services such as file checking, compliance visits, complaint handling, online training, financial promotion, and recruitment support.
Howden boasts a highly respected PII broking team with many members possessing over 25 years of experience advising financial advisory and mortgage & protection firms.
The team’s expertise enables them to navigate challenges such as regulatory change, economic crises, and fluctuating market conditions, providing clients with significant negotiating power and advantages.
Lisa Martin, development director at TMA, commented on the partnership: “Many advisers experience difficulties when renewing their PII policies, and the process can often be costly. As a result, we are delighted to be working with Howden to assist in the protection of your business in a simple and cost-effective way.
“At TMA Club, we know that businesses must be resilient enough to weather all kinds of challenges, which is why we tailor-make our compliance packages to meet every one of your business’s needs in this area.”
Steve Ray, executive director at Howden Insurance Brokers, also expressed his enthusiasm for the partnership: “We are incredibly pleased to be partnering with TMA to offer competitive PII rates to its compliance members, playing our part in TMA’s mission, to build on our strong relationship with LSL, to support advisers to deliver thorough advice to their customers.
“This is just the latest demonstration of Howden’s commitment to providing brokers with quality insurance so that they can operate with the confidence that their businesses are protected.”
