TMA Club partners with LifeQuote

TMA Club has announced a new partnership with Direct Life’s specialist protection service, LifeQuote.

The move is expected to provide directly authorised (DA) brokers who are members of TMA with administrative support through technology.

TMA is part of LSL Property Services and the latest agreement between TMA and LifeQuote follows LSL’s recent investment in Direct Life & Pension Services, which provides brokers with specialist protection solutions and digital and administrative support.

The agreement means TMA brokers will have access to LifeQuote’s software and services, including its telephone application service and apply online options, which could cut down the time that advisers spend on administration.

TMA development director, Lisa Martin, said that the past year has shown how important it is to support brokers as 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,” Martin said.

“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.

“We are confident that our partnership with LifeQuote will be invaluable for brokers, as it will allow them to dramatically reduce the administrative burden involved in the protection process, and therefore provide them with more time to support clients.”

LifeQuote CCO, Neil McCarthy, added: “We know advisers are incredibly busy arranging mortgages. We can deliver efficiencies in the protection sales process that allow the advisers to focus on the sales advice and transfer all the protection administration responsibilities to us.

“We are looking forward to working with TMA to deliver an outsourced service that saves the adviser time, and reduces the business risk, leaving LifeQuote’s expert team to complete the protection policies that are so important to the customer, and their family’s financial resilience.”

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