Lloyd’s broker Superscript has been tapped as Virgin Money’s business insurance provider on the high-street bank’s new online marketplace for business banking customers.
“We are delighted to partner with Virgin Money on their new business banking online marketplace,” said Superscript partnerships director Henry Newby. “Virgin Money is a big high-street bank, growing fast, and developing a really strong digital offering.
“It is also the first high-street bank that Superscript has partnered with, so we are excited to be at the forefront of its digital proposition and for the mutual opportunities this holds.”
UK insurtech Superscript offers subscription-based business insurance and is backed by investors like BHL Holdings, Beazley, Seedcamp, and Concentric.
“This new partnership with Superscript reinforces Virgin Money’s commitment to helping our small business customers make managing their business as easy as possible,” commented Virgin Money business lending & products head Graeme Sands.
“We know our business customers want the freedom to adjust their cover as, and when, things change, and this business insurance platform innovates to provide exactly this sort of flexibility.”