The arrangement will give Appointed Representatives of the PTI network access to Paymentshield MPPI and Household Insurance products as well as to the Paymentshield ‘INTERIA’ software which will enable them to Etrade mortgage related insurance products in an offline environment.
Paymentshield products will also be available to directly regulated intermediaries who access PTI’s product proposition.
Mike Allison, Managing Director of Personal Touch, said: “This link up with Paymentshield is further evidence of our objective of ensuring intermediaries have access to a comprehensive range of financial products and marks a further step in our development of a financial services supermarket with a branch in every major UK town. It is our policy to offer full and complete access to the entire product marketplace, not to a series of restricted product panels. Only this approach can guarantee that our intermediaries can properly satisfy their clients’ requirements.”
Graham Boulger, Managing Director of Paymentshield, commented: “We are delighted to support what is clearly a strong and diversified proposition from PTI and we look forward to working with the membership to add value to their businesses.”
