Lloyd's managing agency SVB Syndicates has launched a service company.
SVB Underwriting Services (SVBUS) will provide direct access to the business classes underwritten by the SVB syndicates under delegated authority schemes.
Anita Hawkes, SVBUS's newly appointed communications manager, said: “SVBUS aims to provide UK and overseas brokers with simplified access to a number of schemes underwritten by the SBV syndicates. In addition to specific classes of
business, we are also keen to look at innovative product and scheme ideas from our brokers.”
SVBUS has already been instrumental in the development and launch of “Nannycare”, a combined protection package for nannies and a home protection policy for home working professionals.
SVB Holdings has £452m Lloyd's capacity.