NBS Underwriting announces the launch of its ‘Community Enterprise’ package product
27 September 2022
Today sees the launch of NBS Underwriting’s combined package product ‘Community Enterprise’.
This product has been developed for organisations that fall under the Third Sector umbrella. Third Sector organisations include community, voluntary or faith groups, social enterprises, and community interest companies. This market-leading product builds on NBS Underwriting’s existing book of risks within the social welfare space.
The Third Sector market is growing in the UK, reflecting the ever-increasing need for community support organisations in society today. Ensuring brokers can find the best insurance cover to meet the bespoke activities and evolving requirements of Third Sector clients, is why NBS has invested in developing this innovative product.
To make our brokers lives easy, NBS Underwriting have created an efficient ‘community enterprise’ focused question set on its state-of-the-art quoting system. This provides brokers with the ability to input details directly for a wide range of risks ranging from micro-organisations all the way through to substantial SME’s.
NBS Underwriting pride themselves on the speed of delivery. Having experienced underwriters on hand to administer the enquiries and issue terms, allows brokers to bind cover and issue policy documents quickly for their clients.
Community Enterprises key benefits
- Material Damage
- Business Interruption
- Equipment Breakdown
- Employers Liability
- Public and Products Liability
- Professional Liability
- Management Protector
- Director and Officers Cover (Trustee Indemnity)
- Legal Expenses
- Backed by ‘A’ Rated Capacity
- Wide Risk Appetite
Ian Chapman, Underwriting Manager at NBS Underwriting commented, “We are excited to be launching our new Community Enterprise product. We are always looking to develop competitive and market-leading policies that give brokers a competitive advantage. We know this will be a great addition to our portfolio of existing products and supports our future growth ambitions.”