We’ve enhanced our Commercial Combined offering

Our latest Commercial Combined enhancements are now available through our quotation system, bringing increased limits, wider underwriting flexibility and more competitive pricing for your clients.

One of the biggest changes is an increase to our Total Sum Insured limit from £15m to £20m, giving us the ability to consider larger commercial risks through the product.

The enhancements follow a review of Commercial Combined, drawing on the additional data and experience we’ve gained from trading the product, as well as what our brokers are telling us they need.

What’s changed?

Alongside the increased TSI limit, we’ve made a number of changes designed to give brokers more flexibility and more options when placing Commercial Combined risks:

• Wider underwriting acceptance – greater flexibility around insurance and financial history, security, working at height and flood means we can consider a broader range of risks.
• Expanded trade appetite – we’ve reviewed our approach to manufacturing and wholesale businesses and added new trades, giving brokers more opportunities to place business with us.
• More flexible cover options – Money, Goods in Transit and All Risks can now be offered even where we’re not insuring the premises.
• More competitive pricing – reduced minimum premiums across a number of trades help us provide stronger terms for suitable risks.
• Faster turnaround – our increased experience and data has enabled us to streamline internal referrals, helping us turn around more quotations quickly.

Available now

With an increased £20m TSI limit, wider underwriting flexibility, more competitive pricing and a 45-day quote acceptance period, the changes strengthen our Commercial Combined offering and give brokers more options when placing risks with NBS.

Our underwriters also have flexibility around pricing for good-quality risks, so talk to us about the premium – we’re always happy to have a conversation.

All of the enhancements are available now through our quotation system.

Brokers can get a quote through the NBS portal, or simply send us a manual presentation. Our AI-enabled submission process will extract the information and populate the portal, ready for an underwriter to review.

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