An electrical contractor had secured a contract that would materially change the scale of their business. However, the exposure was significant: if the buyer failed, the contractor faced a potential loss of £500,000 — a risk that could have placed serious strain on the business.

Bartlett conducted a full market review to find suitable cover that would give the contractor the confidence and security to commit to the contract. Only one insurer was able to support the required coverage levels for the contract, as well as cover the rest of their ledger, all at a competitive rate.

With cover in place, the contractor proceeded with the contract, secure in the knowledge that their cash flow and business were protected. Six months later, the buyer entered administration. Bartlett supported the client throughout the claims process, and a £500,000 claim was agreed and settled promptly — protecting liquidity and safeguarding the future of the business.