Our client was the founder and principal shareholder of a well-established UK business where a significant proportion of revenue, strategic decision-making, and lender confidence depended on a small senior leadership team. Existing insurance arrangements were limited and no longer reflected the financial exposure the business would face if a key individual were unable to continue in their role.
Million Plus Private Finance advised the client on key personnel risk and arranged bespoke protection through specialist insurers. Working alongside the client’s professional advisers, we assessed commercial exposure including lost revenue, recruitment costs, and stakeholder impact. The insurance structure was aligned with ownership arrangements, succession planning, and long-term business objectives.
As a result, the business now benefits from clearly defined key personnel protection that supports operational continuity and reassures lenders and stakeholders. The arrangement remains flexible, allowing cover levels to evolve as the business grows or leadership responsibilities change.
Insurance solutions were arranged through third-party insurers and were subject to underwriting, terms, and insurer acceptance at the time of placement.
