Products

NBS Underwriting Expands Insurance Portfolio with the Introduction of Multi-Location Hospitality Coverage

NBS Underwriting

5 February 2024

NBS Underwriting is pleased to launch its latest product – Multi-Location Hospitality Insurance. This strategic addition to the company’s portfolio underscores NBS Underwriting’s commitment to delivering comprehensive insurance solutions tailored to the unique needs of the leisure, hospitality, and retail sectors.

Building upon a wealth of expertise in underwriting risks within these sectors, NBS Underwriting has responded to valuable feedback from brokers. Their dedication to creating reliable products, coupled with unparalleled underwriting and service, has resulted in the development of this policy specifically designed for businesses with multiple locations or chains.

The new policy covers a diverse range of businesses, including the licensed trade (pubs, late-night bars, nightclubs, live music venues, and gentleman’s clubs), food and eateries (fish and chip shops, cafes, restaurants, and takeaways), hotels, and shops, with up to 20 locations.

Steve Cowman, Managing Director at NBS Underwriting commented “We’ve listened to our brokers and used our extensive knowledge to create a policy that meets the unique needs of businesses operating across multiple locations. Our goal is to simplify the insurance process for brokers and their clients by providing a comprehensive solution that covers all their business premises under one policy.

Moving forward into 2024, NBS is set for another exciting year marked by ambitious growth plans. This multi-location hospitality insurance marks our second product launch this year, following our successful introduction of the excess of loss liability product. Additionally, we have a lineup of other exciting products currently in development, all set to be unveiled to our valued brokers soon.”

For more information about NBS Underwriting and its new Multi-Location Hospitality Insurance, visit the webpage here

 

About NBS Underwriting:

NBS Underwriting, recognised for its excellence as an MGA, specialises in delivering competitive and market-leading insurance across commercial and personal lines. The company’s diverse portfolio spans various sectors, including leisure, hospitality, retail, petrol stations, food, property, contractors, community, professional indemnity, and commercial combined insurance.

Teaming up with reputable ‘A’-rated insurers, NBS Underwriting ensures that brokers receive tailored coverage and competitive rates. With a Gross Written Premium (GWP) of £100 million, supported by skilled underwriters in five locations across the UK and Ireland, the company continues to push boundaries in providing innovative insurance solutions.