Wes McCranor (pictured) has launched Sphere Assured, a protection advisory firm that focuses on insurance solutions for small and medium sized entrprises (SMEs), mergers and acquisitions, professional athletes, media figures, and private clients.
The firm operates as an appointed representative (AR) of Best Practice IFA Group Limited in partnership with WTT Group and Gerald Edelman.
Previously head of protection at PIB, McCranor leads the firm in offering bespoke insurance services with a strong emphasis on medical due diligence.
Sphere Assured has partnered with a nationwide private hospital network, giving clients access to top medical professionals to accurately assess medical conditions and risks.
This approach is intended to help secure the best insurance terms tailored to each client’s circumstances.
The firm provides services to both corporate and individual clients, including life insurance, critical illness insurance, income protection, and more.
McCranor said: “We created Sphere Assured to deliver a new standard of protection, by paying attention to the detail that is often overlooked by other businesses.
“By anonymously risk-profiling medical data before any policy decisions are made, we can mitigate the risk of clients being refused coverage due to flagged health issues.”
McCranor added: “Sphere has big plans for 2025 and with the addition of new stakeholders and strategic partnerships, we are committed to delivering a unique and high-quality service to our clients.”
Carl Lundberg, CEO of Gerald Edelman, said: “We are very pleased to have partnered with Wes McCranor to launch Sphere Assured.
“The corporate finance industry relies upon effective risk mitigation strategies, particularly where human capital is at risk.
“Sphere’s medical due diligence underwriting process helps secure the transactions that we advise on, to protect against uncertainty, safeguard the deal post-completion and ensure a level of confidentiality that is unrivalled in our sector.”
