Flexible monthly business insurance
Here at Superscript HQ, we’re very excited to announce that we’re partnering with Cashplus Bank as we continue our mission to provide the UKs small businesses with flexible, tailored insurance.
This exciting partnership will see Cashplus customers offered Superscript’s range of customisable and flexible business insurance through the bank’s digital SME Marketplace for the first time.
At Superscript, our insurance is tailored specifically for small businesses, with subscription-based products that are charged monthly. There will be no burdensome contracts and customers will have the freedom to make adjustments, with no fees, as their business evolves.
Cashplus currently serves over 150k UK SMEs, and 7% of all new UK companies, with a focus on providing simple, digital banking products that are fast to access and easy to use. We're bringing our insurance offer to Cashplus’ already thriving digital SME marketplace, adding to a range of useful offers, including accounting and payments tools.
Both companies are also focused on quickly and securely setting up businesses with the products they need, when they need them. Cashplus offers secure account opening in as little as four minutes, and Superscript gets customers fully covered in just 10 minutes, from as little as £5 a month.
Of the exciting new collaboration, Superscript's Partnerships Director Henry Newby said:
This is a partnership of like-minds. Small businesses move fast, and increasingly they need quick and easy online services that can be set up in an instant. Both Superscript and Cashplus recognise this, developing proprietary technology to help SMEs make better decisions, more simply. Superscript will provide SMEs on Cashplus’ digital marketplace with the insurance they need to run a modern business in just a few clicks.
Meanwhile Nick Biggam, Cashplus Bank's Commercial Director, commented:
We’re delighted to announce this partnership today which will allow us to offer our SME customers an even richer business banking experience, saving them more time and money and allowing them to focus on the things they do best. Superscript is a natural partner for Cashplus as we are both focused on using digital technology to offer fast, flexible solutions for UK small businesses.
About our new partner
Cashplus is a leading UK challenger bank with a 15-year track record of digital innovation, dedicated customer service and strong financial performance. The company was granted a UK bank licence in February 2021. They offer fast, smart, simple banking services for the entrepreneurs, independent businesses and hard-working consumers that power the UK economy yet are too often overlooked by high street banks.
Since 2005, they’ve created easier ways for more than 1.6m customers to pay, bank and borrow through their user-friendly digital platform, delivered a string of fintech firsts.
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