Superscript eyes Lloyd’s European market – the ‘Wall Street’ for insurance
SME-focussed UK insurtech Superscript's advisory service, SuperscriptQ, has been granted authorisation to operate in Europe as a Lloyd’s broker.
Earlier this year, Superscript launched in Europe and opened an office in the Netherlands having gained accreditation from Dutch regulator AFM to operate as a broker across the European Economic Area (EEA).
SuperscriptQ finds insurance for high-growth tech companies with emerging risks in sectors like digital assets, fintech and medtech.
The company claims strong demand has resulted in a fast start in Europe, exceeding initial forecasts by over 20%. It hopes Lloyd’s accreditation in Europe will help SuperscriptQ grow further through access to Lloyd’s European market.
David Dickson, director of SuperscriptQ, said: “The Lloyd’s brand is world famous and the centre of the world for insurance; the ‘Wall Street’ for insurance if you will. Lloyd’s, however, is so much more than a building in the centre of London. The marketplace, rich capacity, claims experience and underwriting ability has been decentralised, which allows our team in the Netherlands to source market-leading coverage for Europe’s most exciting tech companies. Having both of Superscript’s regulated entities registered with Lloyd’s is an exciting development for the business, and a commitment to our clients on a continental basis.
“We look forward to working with Iwan Röpcke and his Lloyd’s team in helping deliver a new breed of Lloyd’s broker for the European technology community.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
