The Mortgage Alliance (TMA) has added Safe&Secure Insurance Services to its general insurance (GI) panel, becoming the first mortgage club to promote the Safe&Secure proposition to the directly authorised market.
Referral commissions are 17.5% of the annual premium for all GI products which is also paid on renewal and 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.
Safe&Secure is a specialist provider of general insurance and focuses on selling buildings and contents insurance on behalf of intermediaries with an panel of three to five star cover from 12 insurance providers.
Phil Whitehouse, head of TMA, said: “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.