New business Inperio is awaiting FCA approval

Lead professional indemnity consultant Simon Lovat is leaving United Insurance Brokers (UIB) to set up his own insurance firm.

Lovat had been with UIB since 2008 where he was initially a divisional director and then later a consultant.

He is in the process of setting up Inperio, a broking and underwriting firm with a team of insurance professionals.

“We are really excited to be launching Inperio. We are waiting our final FCA approval and look forward to be being able to make some announcement of new products and staff hires in the next couple of weeks,” Lovat told Insurance Times.

While at UIB Lovat oversaw the brokers’ personal indemnity insurance book of business, which will now be managed by Paul Craycroft-Rice.