NBS has announced the launch of a new Directors’ and Officers’ (D&O) Insurance product, expanding its commercial insurance offering and providing brokers with access to a wider range of cover for their clients.
Backed by A-rated capacity from Accelerant Insurance Europe SA, the new product is designed to protect individual directors, officers and other managers against claims arising from their business activities, while also providing protection for the business itself through Corporate Legal Liability cover.
The product offers flexible cover for UK businesses with annual revenues of up to £75 million, spanning a broad range of sectors including commercial businesses, hotels, hospitality, pubs, nightclubs and retail. It also complements NBS’s existing commercial and SME insurance portfolio, giving brokers access to additional cover through an underwriting partner they already work with.
Steve Cowman, Managing Director, commented: “We’re continuing to expand our product range to give brokers access to a wider range of cover for their clients. Directors’ and Officers’ Insurance is a good fit alongside our existing commercial and SME products, providing additional cover options for their business clients.
“With A-rated capacity from Accelerant and a straightforward quote and buy process through our broker portal, we’re making it easy for brokers to access this cover for their clients.”
D&O Insurance is now available on a straightforward quote and buy basis through the NBS online portal. Brokers with any questions can contact the NBS PI team on 0333 032 5000 or via online chat.
For more information about the product, visit www.nbsunderwriting.co.uk/products/directors-officers-insurance/
