Digital Risks achieves Lloyd’s coverholder status

Digital Risks has achieved Lloyd’s coverholder status, following an application sponsored by investor and partner, Beazley.

Founded in 2015, Digital Risks developed an entirely online broker offering a range of products focused on emerging risks. All its policies are sold as a subscription model, with existing products backed by Aviva and Tokio Marine HCC.

Cameron Shearer, CEO at Digital Risks, commented: “Becoming a Lloyd’s coverholder is a huge milestone for the business. We can now diversify our offering to provide greater cover for the emerging risks faced by fast-growth digital SMEs, while better supporting the growing number of UK businesses with international exposures. This status allows us to work even more closely with Beazley and The London Market on new innovations, including developing offerings for international markets in the near future. With their support, we look forward to announcing a range of new policies throughout 2019.”

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