Lloyd’s approves Equinox Global’s Dutch office

Lloyd’s coverholder Equinox Global’s Netherlands office has received official approval from Lloyd’s.

Equinox Global started its Dutch operations in June 2014, issuing policies for Dutch insureds from its London office. The portfolio has grown to €1.5 million premium income in less than a year.

The coverholder said that the ability to now issue policies directly in the Netherlands will further enhance its trade credit offering to the Dutch market.

Frank Masteling, head of Equinox Netherlands, said: “We have identified significant demand  in The Netherlands for the trade credit services and products that Equinox has built a strong reputation for. Receiving Lloyd’s approval consolidates our strategy and furthers our plans for growth in this important market. We have received fantastic support from our brokers since we opened and will continue this positive momentum as we look to increase our market share.”