NACFB launches member services initiative

The National Association of Commercial Finance Brokers (NACFB) has launched its member services initiative together with Legal & General and Towergate Risk Services.

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NACFB Member Services will offer a range ancillary products and services to member brokers who want to add extra income streams to their businesses.

Adam Tyler, chief executive of the NACFB, said the support of Legal & General and Towergate Financial Services for the venture, which had been in the pipeline for 12 months.

He said: "Very soon members will be able to put introductions to these firms using the NACFB's own back office software system, CommercialKeeper.

"A 'short' version of the CommercialKeeper software called the CommercialKeeper Referral System, has also been devised which will be sent to all members and will allow them initially to introduce business to Towergate and Croner."

Mr Tyler said: "In addition, in the next few weeks we will be rolling out a training programme to all members to make sure they understand the products they are introducing and can spot opportunities.

"This is offers a huge potential benefit to members and hopefully in time we will be able to add other providers on to our panel."

Clare Harrop, head of specialist protection at Legal & General, said: "At Legal & General we pride ourselves on offering great service and advice for life assurance.

"This deal opens up new opportunities for introducers to see a significant increase in earnings. I would encourage NACFB members to attend the training days to fully understand the full potential."