Brunel Professions Ltd is now a Lloyd’s registered broker.
It looks like Brunel Group is on a roll – securing the coveted accreditation for the professional indemnity insurance (PII) specialist after recently getting approval for Brunel Insurance Brokers from the Chartered Insurance Institute. Now Brunel Professions, having joined Lloyd’s, will have access to the world’s largest specialist insurance market.
With offices in London, Bristol, Manchester, and Perth, the PII broking firm acts for more than 6,500 clients and controls annual premiums of over £35 million.
“Joining Lloyd’s as a registered broker is key to ensuring we have full access to syndicates underwriting professional indemnity insurance to help deliver independence to our clients,” said Brunel Professions managing director Dylan Hughes.
Group chief executive Russell Lane concurred, adding that becoming a Lloyd’s broker will be instrumental in ensuring that they deliver wide market access for clients, as well as assist its intermediary network.
“The move is essential in the group’s long-term strategy with ambitious plans set in 2017 to double the size of the group by 2022,” said Lane.