TMA Club has launched a new partnership with specialist insurance broker, Howden, which will provide members with access to a dedicated TMA professional indemnity insurance (PII) facility.

Any firm that has purchased any one of TMA’s three compliance packages – its core, lite, or extra lite package – will be able to access the discount for insurance arranged by Howden’s PII team.

TMA offers compliance packages that are tailored to individual business requirements, including file checking, compliance visits, complaint handling, online training, financial promotion and recruitment support.

Howden’s PII broking team has many members with over 25 years of experience in advising financial advisory and mortgage and protection firms.

“Many advisers experience difficulties when renewing their PII policies, and the process can often be costly,” said TMA development director, Lisa Martin. “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.

“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.”

Executive director at Howden, Steve Ray, added: “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.”

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