Personal Guarantees and Raising Finance: An Introduction

Personal Guarantees and Raising Finance: Todd Davison, Purbeck Insurance Services

By Todd Davison

Todd Davison graduated from the University of Leeds with a degree in Accounting and Finance in 2011. He qualified as a Chartered Accountant with the Institute of Chartered Accountants England and Wales (“ICAEW”) in 2013. His training contract was with Deloitte LLP. Todd spent six years at Deloitte LLP under his training contract. Within this time he worked in Financial Services Audit (statutory audit, internal audit) working with SME owners/Directors and providing value-add services for SMEs, corporates and pension schemes. He then moved into Corporate Finance Advisory (M&A), advising SME owners/Director, Corporates, Private Equity Houses on corporate acquisitions, disposals and strategic consulting. Todd co-founded Purbeck Insurance in May 2016 to provide an insurance solution for Director guarantors, giving them the confidence to access business finance and pursue their growth objectives. The business obtained FCA regulatory approval in February 2017 for Insurance Mediation and in June 2017, obtained Binding Authority approval to provide Personal Guarantee Insurance to SME Director guarantors. Since launch in June 2017, Purbeck Insurance has supported SME Directors on over £40,000,000 of Personal Guarantees. Insurance cover is arranged directly and through a network of over 200 intermediary partners.

Last updated on 11 Jul 2024

27 Jun 2019 1 min reading time

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