Virgin Cash, the high-street financial institution, is partnering with Superscript, the insurtech scale-up, to supply its enterprise banking clients with customisable, versatile, subscription-based enterprise insurance coverage.
Superscript would be the enterprise insurance coverage supplier on Virgin Cash’s new on-line market, the place their enterprise banking clients can get entry to a spread of digital companies by best-in-class suppliers, multi function place.
Small companies have historically been underserved by insurers, with bundled insurance policies and clunky contracts that means they usually both pay over-the-odds for his or her insurance coverage, or aren’t correctly coated. Superscript is remodeling the method for small companies by providing tailor-made, month-to-month, unbundled insurance coverage cowl which completely fits their wants. Superscript clients can get a quote on-line in a matter of minutes and only a few clicks, and might replace and alter their insurance coverage any time at no cost.
The partnership represents an additional step for Virgin Cash within the improvement of its enterprise financial institution digital proposition for SMEs.
Henry Newby, Partnerships Director at Superscript, stated: “We’re delighted to accomplice with Virgin Cash on their new enterprise banking on-line market. Virgin Cash is an enormous high-street financial institution, rising quick, and creating a extremely robust digital providing. It is usually the primary excessive avenue financial institution that Superscript has partnered with, so we’re excited to be on the forefront of its digital proposition and for the mutual alternatives this holds.”
Graeme Sands, Head of Enterprise Lending & Merchandise at Virgin Cash, stated: “This new partnership with Superscript reinforces Virgin Cash’s dedication to serving to our small enterprise clients make managing their enterprise as simple as doable. We all know our enterprise clients need the liberty to regulate their cowl as, and when, issues change, and this enterprise insurance coverage platform innovates to supply precisely this kind of flexibility”.