Protecting your legacy
Don’t compromise on unforeseen life events. If you are away from your business for an extended period or you pass away, it’s crucial the appropriate plans are in place. Brokerring will keep your business functioning by looking after your shareholders, customers and preserving your income and wealth.
Salvation
Protecting your wealth
Brokerring Salvation is all about the protection of the wealth that you have built up in your firm to date. There is a whole raft of benefits, all designed to protect you as a sole shareholder.
Like, if you pass away or become seriously ill, our experienced team will be there to step in to run your firm for you. When the time is right, we will either sell your business at the best price for your family or find a suitable home until you are well enough to return to the business.
The worst happens sometimes and when it happens to you personally and without the Salvation support in place, your business will inevitably suffer, or worse – fail completely; leaving you or your family with nothing to show for decades of hard work and your clients adrift.
Don’t compromise on unforeseen life events
Do not let unforeseen life events compromise either your ability to earn or deplete the value of your brokerage; which for many of us is effectively our pension or retirement fund.
Brokerring is unique in the market in providing real, immediate, practical hands-on assistance to you. A number of agreed action plans for your business will be put in place for different given scenarios such as serious health issues for you or your partner, extended sickness or the ultimate business interruption – your untimely death.
Professional business emergency service
Brokerring will keep your business functioning by looking after your customers and preserving your income and wealth. Brokerring Salvation is not an insurance policy, but a professional business emergency service designed for Insurance Brokers by Insurance Brokers.
Many of you may have informal reciprocal locum arrangements in place to satisfy the FCA and to provide at least some “cover”. But ask yourself this question – would you trust them if you were off for an extended period to preserve and look after your business or would they prioritise their cases over yours? Brokerring Salvation is all those things a locum isn’t.
Don’t delay for peace of mind
Operational resilience and catastrophe planning are high on the FCA’s agenda, so put your Brokerring Salvation plan in place today, not just for them, but for your customers and your own peace of mind.
“I am delighted with the outcome and am now continuing in my role as MD at Marsh for a while yet before I hang my broking boots up forever! ” – Rob Marsh, MD of Marsh & Company
How can we help you?
Whether you’re looking to grow, go slow, or go, our experienced team are always on hand to provide guidance in those times of uncertainty. For free impartial advice from the Brokerring team, get in touch today.
It's never too early to plan for the future
Don’t delay and plan ahead for peace of mind today.
Protector
Ensure value for shareholders
Brokerring will act for all of the shareholders in a company as well as a protector for minority or majority shareholders to ensure that the shareholding value in the event of your death is preserved for your dependents or family. The dynamics within firms can be difficult in that there can be age mismatches, ambition differences, ability mismatches like the fact that not all shareholders who are left are able to run the firm on their own.
Protecting shareholders
We simply protect your shareholder value for your family in a very hands on and personal way, working with your family to either continue the business or to help exit fair value for your shares.
Monthly memberships
Our Protector service is included as part of our monthly membership, where we sit down with the shareholders individually to understand their wishes in the unlikely event of something happening.
“We have known Stuart Randall for many years, right back to the days when he worked as a broker himself. A serial entrepreneur, Stuart knows just about everyone in Insurance, so when he asked to talk to us about our exit plans, we were happy to listen to what he had to say.” – Simon and Gill Allbright, Allbright Bishop Rowley Ltd
How can we help you?
Whether you’re looking to grow, go slow, or go, our experienced team are always on hand to provide guidance in those times of uncertainty. For free impartial advice from the Brokerring team, get in touch today.
It's never too early to plan for the future
Our Salvation services offer Regional Brokers the ultimate peace of mind, ensuring a plan is in place to protect your wealth if the worst were to happen.