We are pleased to announce the launch of our specialist Golf Club insurance product, providing brokers with a dedicated solution for golf clubs, courses and their associated facilities.
Building on the extensive experience we have developed in the sports and leisure sector, our fully customisable package policy can accommodate a wide range of risks, including clubhouses, restaurants, bars and pro shops. Developed to reflect the unique blend of sporting, hospitality and retail exposures found within modern golf clubs, the proposition offers a tailored approach to this specialist sector.
The product provides Material Damage cover with limits of up to £15 million, Public Liability cover up to £5 million with an option to increase to £10 million through an excess layer arrangement, and Employers’ Liability cover up to £10 million. Cover is also available for Playing Greens, Tees and Closely Mowed Lawns, irrigation equipment and golf buggies.
The proposition is backed by A-rated capacity from Hadron or Accelerant, with excess layer capacity available through Allied World.
Commenting on the launch, Steve Cowman, Managing Director of NBS, said: “Launching a dedicated golf club product was a natural extension of our existing offering. We already have significant experience across sports and social clubs, hospitality and retail risks, all of which are key components of a modern golf club.
By bringing that expertise together, we’ve developed a specialist proposition that reflects the unique blend of exposures found within golf clubs, while providing brokers with access to tailored cover backed by strong capacity partners.
As a keen golfer, it’s particularly rewarding to bring this product to market and offer brokers a specialist solution for this sector.”
Existing brokers can obtain quotations quickly and easily via our broker portal https://nbsunderwriting.schemeserve.com/getquote/agent.aspx?schemeId=SCHEME_ID_14859.
We are also keen to explore scheme opportunities. To discuss golf club risks or potential schemes, please contact our SME underwriting team on 0333 032 5000.
To learn more about our Golf Club product and the cover available, visit https://nbsunderwriting.co.uk/products/golf-club-insurance/.
Other News
