PI Excellence: The Underwriting Specialist Fully Integrated within the NBS Group
29 September 2023
Following the successful acquisition in 2021, The Underwriting Specialist (TUS) has now been fully integrated into the NBS Group. This strategic move enhances the provision of professional indemnity products and preserves TUS’s unique trading identity while leveraging the collective strength and expertise of the NBS Group.
Streamlined and Efficient Processes
The integration has led to the consolidation of professional indemnity products into a single, efficient system, optimising quotation and renewal processes. The aim is to provide brokers and their clients with a seamless and hassle-free experience. The TUS team, based in Hitchin, continues to steer operations, ensuring continuity and expertise in managing the professional indemnity portfolio.
Comprehensive Professional Indemnity Solutions
Recognising the diverse needs of our clients, we offer a comprehensive suite of professional indemnity products tailored to various professions and risks. Our range of PI policies includes:
- Architects & Engineers
- Credit Brokers
- Design & Construct
- Insurance Brokers
- IT Consultants
- Property Professionals (Non RICS)
- Surveyors (RICS)
- Miscellaneous PI
- UK Excess PI
For micro risks, brokers can efficiently “quote and buy” directly through our system, with coverage limits of up to £2,000,000 per claim. Larger risks, extending up to £5,000,000, are expertly managed by our dedicated professional indemnity underwriting team.
Backed by Accelerant: Ensuring Solid Support
All our professional indemnity policies are underwritten by field experts and are backed by the solid support of Accelerant. This strategic partnership maintains consistent capacity, a valuable asset in the MGA space. Strong underwriting standards and impressive loss ratio results bolster this capacity, allowing provision of unwavering product offerings and dependable underwriting solutions to brokers.
Why Choose us for your PI risks?
- High Rates of Commission for Brokers: Aiming to support brokers, we offer an enticing 20% entry-level commission.
- A-Rated Capacity: The product benefits from A-rated capacity provided by Accelerant, ensuring the highest level of trust and reliability.
- Range of Cover Limits: Cover limits range up to £5,000,000, catering to various risk profiles and needs.
- Fast Turnaround of Quotations: Recognising the value of time in the insurance industry, we ensure a swift turnaround for quotations.
- Experienced PI Underwriters: A team of experienced professional indemnity underwriters provides expertise and tailored solutions.
- Broad, Flexible Cover: Policies offer broad and flexible cover options, as primary or excess layer policies.
- Claims Managed by PI Specialists: In the event of a claim, we’ve partnered with Caytons Law, experts in claims management for professional indemnity cases.
- Free Advice Available: Complimentary advice on collateral warranties and appointments is provided to assist in making informed decisions.
NBS are committed to providing exceptional professional indemnity products, bolstered by the integration of The Underwriting Specialist and backed by the strength of Accelerant. The goal is to continue serving brokers with excellence, offering comprehensive solutions and unmatched service.
Interested to know more about our PI insurance products, please contact
Teresa Yardley ACII, Underwriting Director, The Underwriting Specialist email@example.com
Greg Condon Underwriting Manager at firstname.lastname@example.org