NBS Underwriting Announces New Capacity Partnership with AXA
27 September 2022
Specialist MGA, NBS Underwriting has announced its latest insurer partner – AXA Insurance. AXA will provide ‘A’ rated capacity for NBS on their Non-Standard Household policies.
This significant development allows brokers to offer their clients full buildings and contents cover for properties located in flood risk areas. This uplift in capacity, and working in association with Flood Re, strengthens NBS’ ability to offer solutions for brokers wishing to place quality flood cover, with competitive premiums and affordable excesses.
Steve Cowman, Managing Director at NBS Underwriting said, “We are delighted to announce this new long-term deal which further strengthens our offering to brokers and supports our ambitious growth plans. AXA is a fantastic addition to our existing panel of ‘A’ rated capacity partners which allows us to ensure financial security, stability, and trust.”
This partnership will also see AXA providing capacity for NBS’ ‘mid net worth homes’ product which is designed for clients with buildings and contents valued at over £500,000 and their ‘business home’ product, which suitable for household owners running a business from home.
NBS already have substantial expertise in the household insurance market, covering a wide range of non-standard risks including subsidence, non-standard construction, holiday homes, holiday lets, residential lets, short-term unoccupancy and customers with poor credit history.
Alternatively, visit www.nbsunderwriting.co.uk for details of the NBS marketing-leading insurance products or to apply for agency.