Acrisure London Wholesale has launched a new digital platform aimed at improving the way SMEs can access the London Market.
Built in collaboration with Verisk Specialty Business Solutions, and backed by Lloyd’s and Flux Syndicate 1985, Acrisure Connect will offer a focused range of specialty insurance products for SMEs, including errors and omissions, sexual molestation liability, transportation and cyber cover.
Further product lines are expected to be added in future phases, with the platform designed to streamline placement and improve underwriting insight.
Tom Quy, managing director at Acrisure London Wholesale, said: “Historically, SMEs have had limited access to the London Market due to high volumes and low premiums. However, this is a vastly underserved and high-potential segment. Acrisure is a trusted advisor to approximately 5% of SMEs in the United States, and Acrisure Connect is a major step forward in giving these businesses access to the London Market with the same level of sophistication and efficiency typically reserved for larger firms.”
Tim Rayner, CEO, general insurance for UK and Ireland, and Specialty Business Solutions, added: “Verisk is proud to partner with Acrisure on the launch of Acrisure Connect, a platform that represents a significant development in the modernisation of how small and mid-size businesses access the London Market.
"By combining our technology with Acrisure’s strength of distribution, we’re able to unlock new opportunities and bring greater dynamism, accuracy, and efficiency to the placement process. This collaboration exemplifies how innovative technology can drive meaningful change in the insurance ecosystem.”
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