Lloyd’s wholesale broker secures capacity for new SME D&O facility

Lloyd’s wholesale broker Servca has launched a new SME directors and officers (D&O) insurance facility.

Backed by Lloyd’s capacity, the facility is available across the UK and Europe and aimed at businesses with turnovers ranging from £50,000 to £30m.

It offers contract certain quotes within 24 hours, supporting brokers and clients who need quick turnaround on time sensitive or complex risks.

The facility is open to a broad range of sectors, with no restrictions on trade or industry.

Noah Jamal, chief executive and founder of Superian, which owns the broker, said: “This launch is part of our wider strategy to continually enhance our product offering across specialist lines.

“By investing in people, platforms and partnerships, we’re giving our group companies like Servca the tools they need to lead with confidence, speed and innovation in the wholesale market.”

Leader

The facility will be led by Macauley Geddes, director of wholesale broking for UK and Ireland.

Having been with Servca since 2014, Geddes brings over a decade of experience in wholesale strategy, product innovation and specialist placement propositions.

“Our goal is simple – to make SME D&O more accessible, responsive and aligned to the fast-paced demands of our broker partners,” said Geddes.

“This facility was developed to give us greater control, quicker response times and the flexibility to support brokers on those urgent, high-pressure enquiries we’re known for handling.”