The move follows the insurtech registering as a Lloyd’s coverholder in 2019

Superscript, which was formerly known as Digital Risks, has become a registered Lloyd’s broker.

The insurtech has been a Lloyd’s coverholder since 2019, but Superscript says this latest move will strengthen its ability to arrange cover for modern businesses whose needs are racing ahead of traditional insurance provision.

Ben Rose, co-founder and chief underwriting officer at Superscript, said: “Becoming a Lloyd’s registered broker is a pivotal moment in the growth of our business. Our relationship with the Lloyd’s market will fuel our international plans and see us deliver our flexible, bespoke insurance to ambitious, modern businesses worldwide.

“As an insurtech, being granted this status is not only an endorsement of our unique end-to-end product, but also testament to how the insurance industry continues to innovate to meet 21st century business needs.”

Keith Stern, Lloyd’s regional manager, UK & Ireland, added: “Remaining committed to our Future at Lloyd’s strategy and the continued digitalisation of the market, it’s great to welcome Superscript as a broker at Lloyd’s. We look forward to working with them.”