’It’s been quite a journey already – the next phase is about maturing as the scale comes,’ says chief executiveLloyd’s broker and insurtech Superscript has come a long way since it was founded in 2015. Subsequently, in January 2023, the business completed a £45m series B funding round, with ambitions to use this investment to boost its small and medium-sized enterprises (SME) insurance platform. Cameron Shearer, co-founder and chief executive of Superscript, told Insurance Times: “It’s been quite a journey already – the next phase is about maturing as the scale comes. He compared SME business owners to consumers because both have grown up in a digital world. Historically, a key issue in the SME market has been low insurance penetration.

Source: The Times February 21, 2024 13:23 UTC