BQI Protection

BQI Protection Ltd is an independent life and health insurance broker specializing in the business sector. The company operates as an Appointed Representative of BQI Group Limited, which is authorized and regulated by the Financial Conduct Authority. BQI Protection was established in August 2018 by Andy Brown, Sean Quinn, and Malcolm Robertson, with Robertson holding a 50% stake. This venture was a sister company to BQI Insurance, which Brown and Quinn had founded in 2006. In April 2024, both BQI Protection and BQI Insurance were acquired by JMG Group.

The firm provides advisory services for personal cover, business protection, and employee benefits. Its offerings include life insurance, critical illness cover, income protection, and private medical insurance. For businesses, it arranges solutions like key person insurance to protect profits, business debt coverage, and ownership protection plans that provide funds for the remaining owners to regain control in the event of a shareholder's death or critical illness. A key focus is delivering tax-efficient outcomes, such as Relevant Life policies, which provide a tax-free lump sum to beneficiaries. The business model is based on commission from the insurers, meaning the advice is free of any fee to the client. BQI Protection works with over 30 agencies to find suitable coverage for its clients across the UK.

Keywords: life insurance, health insurance, business protection, employee benefits, insurance broker, key person insurance, income protection, critical illness cover, tax-efficient insurance, ownership protection