Brunel Insurance Brokers’ sister company Brunel Professions Ltd, part of the Brunel Group, has announced its approval as a Lloyd’s registered broker, a sought after accreditation in the insurance broking industry.
Achieving Lloyd’s Broker accreditation will enable the Company to access the largest specialist insurance market in the world opening opportunities for Brunel to be part of one of the world’s strongest brands within the insurance industry.
Dylan Hughes, managing director of Brunel Professions, said: “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”.
Brunel Professions operate from Lime Street in London and also have regional offices throughout the UK. The Company specialise in professional indemnity insurance controlling annual premiums in excess of £35m, employing over 75 people and acting for over 6,500 professional indemnity clients.
Russell Lane, Group CEO, said: “becoming a Lloyd’s brokers helps to ensure we deliver wide market access for our clients and assist all parts of the Group and our network of Wholesale brokers with full access to Lloyd’s and bespoke solutions. 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.”
Lloyd’s registration follows Brunel Insurance Brokers’ recent approval as a chartered insurance broker by the Chartered Insurance Institute (CII) underlining the Group’s commitment to their high standards and wide market access.