Superscript eyes Lloyd’s European market – the ‘Wall Street’ for insurance

SME-focussed UK insurtech  Superscript's advisory service, SuperscriptQ, has been granted authorisation to operate in Europe as a  Lloyd’s broker.

Earlier this year, Superscript launched in Europe and opened an office in the Netherlands having gained accreditation from Dutch regulator AFM to operate as a broker across the European Economic Area (EEA).

SuperscriptQ finds insurance for high-growth tech companies with emerging risks in sectors like digital assets, fintech and medtech.

The company claims strong demand has resulted in a fast start in Europe, exceeding initial forecasts by over 20%. It hopes Lloyd’s accreditation in Europe will help SuperscriptQ grow further through access to Lloyd’s European market.

David Dickson, director of SuperscriptQ, said: “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. 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.

“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.”

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