InvestmentInsurTech

InsurTech Superscript has appointed Chris Barclay as chief commercial officer and Tim Joslyn as chief technology and operations officer.

Earlier this year Superscript raised £45m in Series B funding after delivering more than a five-fold increase in active customers and securing major partners such as Amazon Business and Virgin Money Bank.

Joslyn joined the London-based InsurTech in July, while Barclay will begin on September 1.

Superscript’s stated ambition is to become the world-leading SME insurance brand.

Barclay will assume responsibility for scaling distribution and delivering unmatched client experiences across the direct, partnerships and advisory revenue teams, globally.

This will include working on key offerings such as embedded insurance and banking propositions, along with driving pan-European growth of the firm’s broking services.

Barclay joins from broking giant Marsh, where he was managing director, head of UK Affinity.

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Alongside Barclay, Joslyn joins to further Superscript’s unique multi-carrier technology and data-science capabilities, while rolling out new operational capabilities across the business.

Joslyn brings a wealth of over 20 years of FinTech experience as a CTO, investor and founder, including time working alongside private equity in payment company buyouts and as the co-founder and CTO of Pollinate,  a data-driven FinTech, which raised over $150m.

Cameron Shearer, co-founder and CEO of Superscript, said: “The SME economy is diverse and complex, requiring innovative technical solutions to meet insurance demands.

“With the addition of Chris and Tim, Superscript has never been in a stronger position to capture significant market share in the UK, and increasingly, beyond.

“The experience and passion they bring in their respective fields further elevates Superscript as the challenger in business insurance, where technical and operational legacy is increasingly holding back the delivery of better customer experiences and better results for insurers.

“Building on our success to date, we’re dedicated to driving significant advancements for both the insurance industry and our valued customers.”

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Superscript has raised £65m to date, completing its Series A funding round in 2020 and Series B 2022. Investors include BHL UK, The Hartford, Seedcamp and Concentric.