Fintech CFO Steps Down to Focus on Recovery from Bicycle Accident
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| Fintech CFO Steps Down to Focus on Recovery from Bicycle Accident |
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Wise CFO, Matt Briers, will step down from his role in March 2024 to make a full recovery from a bicycle accident that occurred last year in which he went under the wheels of a bus. The UK-based fintech firm, whose focus is on building the best way to move and manage money around the world, reported £421 million in revenue in 2021 ($523 million USD). The 46-year-old executive, who held this role for the last 8 years, has overseen a period of growth for the firm and helped steer it through its £8.75 billion London IPO ($11 billion USD). Read the full story here. How can you protect your clients? See below for the insurance solution. Insurance Solution
Key Person Insurance
Whether your organization is valued at $11 billion or $11 million, when a key person is the foundation to driving success, it's critical to protect them. What happens if your key relationship builder/owner, technology guru, or finance head become disabled? These key people are instrumental in driving deals and visualizing the organization's growth.. In the event of a serious illness or disability, cash is needed to retain key staff, fund a replacement, and/or manage any winding down as a result of the event. As with the story of Mr. Briers, a comprehensive search for a new CFO will commence immediately.. As Lloyd's of London Coverholders, Exceptional Risk Advisors specializes in writing high limit key person disability for private and public organizations. Benefit limits for key person protection are available in excess of $100 million per person and are most commonly purchased in conjunction with a large life insurance transaction. Click Here to Learn More About Key Person Disability BONUS: We kicked off Disability Insurance Awareness Month by hosting a webinar, "Four Strategies for Positioning DI to Ultra-High-Income Clients". If you missed the live event and want to learn how the best insurance advisors position income protection and thrive in the Lloyd's of London market, check out the webinar recording here. Contact us to discuss how we can help protect your exceptional clientele. |
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Loss of License Professional Pilots
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