Superscript advisory arm authorised as Lloyd’s broker in Europe

SuperscriptQ –  the advisory service for emerging and hard to place risks which is part of Superscript has been granted authorisation to operate in Europe as a Lloyd’s broker.

This will help SuperscriptQ grow further via access to Lloyd’s of London’s European market, said the firm.

Earlier this year in June, Superscript launched in Europe and opened an office in the Netherlands.

This followed the insurtech and Lloyd’s broker gaining accreditation from Dutch regulator AFM to operate as a broker across the European Economic Area (EEA).

David Dickson, director of SuperscriptQ, said: “The marketplace, rich capacity, claims experience and underwriting ability has been decentralised, which allows our team in the Netherlands to source market-leading coverage for Europe’s most exciting tech companies.

“Having both of Superscript’s regulated entities registered with Lloyd’s is an exciting development for the business and a commitment to our clients on a continental basis.”

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SuperscriptQ was launched in January 2022 and organises insurance for high-growth tech companies with emerging risks in digital assets, fintech and medtech.

The advisory arm of the business has seen a fast start in Europe, as registered interest in the business exceeded expectations by 20%, according to a statement.

Dickson added: “The Lloyd’s brand is world famous and the centre of the world for insurance – the ‘Wall Street’ for insurance if you will. Lloyd’s, however, is so much more than a building in the centre of London.

“We look forward to working with Iwan Röpcke and his Lloyd’s team in helping deliver a new breed of Lloyd’s broker for the European technology community.”

SuperscriptQ’s European team are experts in commercial and liability insurance and provide a number of specialist coverage such as directors and officers, professional indemnity and technology liability.