Group chief executive Russell Lane hopes the move will help the firm double in size by 2022
Brunel Professions has been approved as a Lloyd’s registered broker.
Part of the Brunel Group, Lloyd’s registration follows the firm’s recent approval as a chartered insurance broker by the CII.
The company specialise in professional indemnity insurance, controlling annual premiums in excess of £35m, employing over 75 people and acting for over 6,500 professional indemnity clients.
Dylan Hughes, managing director of Brunel Professions, said: “Joining Lloyd’s as a registered broker is key to ensuring we have full access syndicates underwriting professional indemnity insurance to help deliver independence to our clients”.
The broker operates from Lime Street in London, with regional offices throughout the UK.
And Russell Lane, group chief executive, said: “Becoming a Lloyd’s broker helps to ensure we deliver wide market access for our clients and assist all parts of the group and our network of wholesale brokers with full access to Lloyd’s and bespoke solutions.
“The move is essential in the group’s long-term strategy with ambitious plans set in 2017 to double the size of the group by 2022.”