In a dynamic and fast-moving industry, where success depends on a business’ ability to respond quickly, it’s important to partner with a broker who understands your business and will work at pace.
Late one Friday afternoon, our long term client and Anytime Fitness franchisee called us with an urgent request. An exciting business acquisition opportunity had arisen for them.
In order to achieve a seamless transition and keep the facility open, they needed a rapid turnaround of insurance, as the acquisition was less than 24 hours away from being signed and sealed.
Ordinarily, obtaining such permissions would cause unavoidable delays as the broker awaits the underwriter’s decision. However, despite it being Friday, our franchisee client knew he could rely on Partners&.
Having worked closely with the fitness franchise over the last five years, we had in-depth insights into Anytime Fitness and were familiar with their franchise agreements. Consequently, we were able to invoke our “delegated authority”, meaning we were able to provide the client with the right advice and implement the policy amendments in-house and without delay, streamlining the process for Anytime Fitness.
Partners& was able to provide the full package of insurance cover required at a competitive price within an hour.
Policy documentation was sent the following day and the client was delighted. Not only did he have the peace of mind that his newly acquired business was protected but he was also relieved that the gym could continue operating without a day’s closure, with seamless cover in place for liabilities and all the equipment.
The Partners& difference:
Partners& has been entrusted by our underwriter with ‘delegated authority’, demonstrating our extensive experience in the sports and leisure sector, empowering us to streamline the insurance process and deliver rapid results when it matters most. This level of trust is something that’s built up over time.