TMA Club has partnered with Direct Life’s leading specialist protection service, LifeQuote, to provide administration support to advisers through technology.
TMA brokers will be able to access LifeQuote’s software and services, including its telephone application service and apply online options.
Lisa Martin, development director at TMA, said: ‘’The past year has shown us how important it is to support our brokers whilst they continue to work remotely.
“Technology has been an invaluable resource throughout this time, allowing us to offer guidance and advice to brokers throughout the crisis, whilst enabling them to achieve great customer outcomes.
“Even after the pandemic subsides, technology will continue to be crucial for helping advisers navigate the protection process in the digital age, ensuring that they can continue to protect more families.
Simon Embley has been appointed chief executive of Pivotal Growth and will step down from his role as non-executive chair of the LSL board on 28 April 2021.
LSL has revealed a joint venture with Pollen Street Capital (PSC) to launch Pivotal Growth, a national mortgage broker.
At least £200m will be made available by way of equity and debt to fund acquisitions; LSL has committed up to £33.5m and PSC up to £62.4m to support the acquisitions to be made by Pivotal Growth.
The investment by LSL and PSC will be supplemented with external debt finance in Pivotal Growth, with a view to an exit event over a three to six year period.
LSL and private equity investor form new broker
By Gary Adams 23
rd April 2021 10:08 am
LSL Property Services has partnered with private equity investor Pollen Street Capital to create a new mortgage and protection broker, named Pivotal Growth Limited.
LSL chairman Simon Embley has been appointed chief executive and deputy chair and senior independent director Bill Shannon will become chair of the LSL board and the nominations committee.
Meanwhile, LSL chief executive officer David Stewart and PSC partner Ian Gascoigne have been named Pivotal Growth directors while LSL director of mortgage services David Copland will take on the strategy and business development director role.
As of 1 May 2021 The Insurance Surgery and Premier Choice Group will join the PDG.
Established in 2016, the PDG was set up with the aim of encouraging better outcomes for consumers through insurers and intermediaries.
To date the group has launched initiatives including the Funeral Pledge and Claims Charter, as well as providing support towards a number of access to insurance projects such as the signposting and underwriting transparency agreements.
Alan Knowles, managing director of Cura and chair of the PDG, said: “Across our industry, the customer should be at the centre of what we do and it’s great to see two more firms committing to improving outcomes for consumers working as part of the PDG.
Standard Bank customers embrace digital insurance solutions
Partner15 April 2021
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A key theme of the last year has been the accelerated adoption of digital products by consumers.
COVID-19 changed the way we interact with each other and digital has redefined how we live work and play.
The insurance industry is no different. At Standard Bank Insurance we have focused on online and mobile insurance products to help our clients remain safe during the COVID-19 pandemic.
It forms part of our broader aim of being digitally transformed and allows us to be where our clients are all the time, creating more choice and convenience for them and improving our turnaround times.