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Readhunt secures Lloyd’s broker status to expand complex risk access

Lloyd’s faces pricing pressure, higher entry standards, and $500m scale needs

Readhunt, an independent insurance broker serving UK businesses with sector-led advice and tailored cover, has received Lloyd’s of London broker registration.

The accreditation expands the firm’s ability to place customised insurance solutions across a wider range of sectors and marks a meaningful step in its strategic growth.

With Lloyd’s broker registration in place, Readhunt can now access Lloyd’s syndicates directly, work more closely with specialist underwriters, and build bespoke programmes for technically complex or non-standard risks.

The move strengthens the broker’s position in commercial insurance, especially in construction, manufacturing, professional services, and complex property portfolios. These are lines where standard market options often fall short, or drag.

Readhunt said its client-focused and relationship-led approach will stay the same.

The registration broadens access to insurers and market capacity, improving the firm’s existing offer rather than changing its model.

Tony Saunders, managing director of Readhunt, said achieving Lloyd’s broking registration is an important step for the business and, more importantly, for clients.

He said direct access to the Lloyd’s market improves the firm’s ability to negotiate and structure solutions for complex risks while keeping the independent, relationship-driven approach central to Readhunt.

Tony Saunders, Managing Director, Readhunt, commented: “Achieving Lloyd’s broking registration is an important development for our business and, more importantly, for our clients. Direct access to the Lloyd’s market enhances our ability to negotiate and structure solutions for complex risks while maintaining the independent, relationship-driven approach that defines Readhunt.”

Tom Shipston, chief executive of SRT & Partners, said the milestone reflects continued investment in expertise, governance, and market relationships.

This milestone reflects our continued investment in expertise, governance and market relationships.

Tom Shipston, Chief Executive Officer, SRT & Partners

He said Lloyd’s broker registration strengthens Readhunt’s London Market presence and supports the wider group’s long-term growth plans without compromising its independent advisory approach.

“Lloyd’s Broker registration strengthens Readhunt’s London Market presence and supports the wider group’s long-term growth ambitions while preserving our independent advisory ethos.”