Insights

There are a million definitions for succession and it is often assumed that succession only focuses on continuing a business. I disagree.

In our experience from carrying out numerous audits, investigations and due diligence projects, the subject of client money and risk transfer is sometimes misunderstood by insurance brokers, insurers and auditors alike.

With decades of service to family offices, ultra-high-net-worth individuals and inter-generational families, we understand better than most that our clients lead fast-paced, multi-faceted lives.

Wealthy individuals, multigenerational families, successful business owners and their key advisors turn to us for a personalised suite of services selected to reflect discrete preferences and priorities.

The very things that make a family special are often what make the oversight of its financial and personal affairs problematic; there is no single solution that works best for everyone.

Commercial insurance brokers will need to have evolved into business advisors for their SME customers by 2027 or face extinction.

The introduction of FRS 102 has resulted in insurance intermediaries, and their auditors, needing to carefully consider the treatment of insurance balances in their financial statements, resulting from a number of enhancements within FRS 102 compared to previous UK GAAP.