Todd Davison, managing director at Purbeck Insurance Services, discusses the company’s bid for MGA Initiative of the YearWhy did you want to run for the MGA Initiative of the Year award? As an MGA, Purbeck Insurance Services has protected over 2,000 business owners from the risk of their personal assets being called upon should they default on a personal guarantee backed business loan, through our unique Personal Guarantee Insurance (PGI) product. If the business fails, insurance settles up to 80% of the outstanding personal guarantee amount rather than the director’s personal assets. Purbeck Insurance Services focuses solely on providing the UK’s first and only personal guarantee insurance. It would also be a fantastic ‘pat on the back’ for the Purbeck team who have worked so hard to make Personal Guarantee Insurance a valued form of protection amongst a rapidly growing number of small business owners and directors.

Source: The Times December 04, 2023 17:38 UTC