Why Business Protection?
“A business worth building is a business worth protecting.”
Death or incapacitation of a key member of your team could adversely impact your business operations and finances.
Financial complications arise if the deceased was a shareholder or provided a director personal guarantee to secure a commercial loan.
If the deceased had a unique skill set your business could suffer ongoing disruption until a replacement is secured.
Beset with financial pressure, uninsured businesses frequently collapse. Following a successful claim, Protected Businesses receive financial support helping you manage a path beyond crisis to safety.
There are four types of Business Protection:No Obligation Consultation
Protecting Business Growth
Fatgreen protects businesses across multiple industry sectors, including established organisations, high growth mid-market companies and SMEs, including:
- Hi-Tech / Digital
- Healthcare / Pharmaceuticals
- Logistics / Distribution
- Consumer / Retail / Leisure
- Specialised Manufacturing
- Financial & Professional Services
Growing companies attract financial investment from Venture Capital and Private Equity firms.
Investors appreciate how the loss of a key person can negatively impact companies devaluing their investment.
Growing companies frequently employ specialist key staff who are scarce in resources and challenging to replace. Loss of key staff can negatively impact company growth and the value of associated investments.
Following a successful claim, your business may receive a cash payment. The liquidity can help stabilise operations and finances and fund the cost of a replacement.
By insuring Key People your business growth and investment is protected from financial risk.No Obligation Consultation
Protecting Corporate Transactions
Investment, business financing and associated corporate transactions often trigger a review of corporate governance and insurance requirements.
- Mergers & Acquisition
- Private Equity Investment
- Insolvency & Restructuring
- Securing debt financing
- Change in shareholders
Fatgreen works with Private Equity firms, Corporate Finance M&A teams, Corporate Accountants and Lawyers in support of corporate transactions.
Having previously structured and managed corporate finance transactions, Fatgreen instinctively understands the time pressures associated with managing deal cycles.
Appreciative of the time pressures and need to execute transactions in line with deadlines, we own your insurance process from start to finish. We liaise with the insurance providers Business Protection teams to ensure your insurance cover is delivered in line with your deal time frames.No Obligation Consultation
SME’s & Self-Employed
Approximately 60% of UK adults work for SME’s employing less than 10 people. In January 2022, approximately 4.19 million adults in the UK were self-employed (source – Statista).
You may choose to be self-employed or work for an SME to benefit from enhanced work life balance and greater flexibility.
Unlike large companies who offer enhanced employee benefits, SME’s and the self-employed often lack resources to provide such extensive benefits such as Relevant Life Insurance and extended sick-pay.
If you work for an SME or are self-employed the cost of being of work for an extended period following illness may be prohibitive.
Fatgreen strongly recommends arranging Income Protection cover to provide you peace of mind that no matter what medical complications you may encounter in the future, your and your loved ones lifestyle is protected.No Obligation Consultation
Estate & Succession Planning
Some of our clients are family people with businesses which they wish to pass onto future generations.
Estate planning and business succession planning often pivots around one or a handful of key people. Should anything happen to those key people the future of a business may be jeopardized.
Fatgreen works with families and business owners to ensure that business succession plans are protected.
Family & Personal
Many of our business clients are husbands, wives, parents and or individuals with life insurance requirements beyond the workplace.
Some of our clients request life insurance to protect their families and loved ones, however others have complex obligations regarding estate and succession planning, as well as making provisions for Inheritance Tax, (IHT).
Fatgreen structures Life Insurance in support of families and individual’s personal requirements to help address their needs.No Obligation Consultation