’We’re continuing to expand our product range to give brokers access to a wider range of cover for their clients,’ says managing director

MGA NBS has launched a new directors’ and officers’ (D&O) insurance product as it looks to expand the range of commercial cover available to brokers.

The proposition is backed by A rated capacity from Accelerant Insurance Europe and is available to UK businesses with annual revenues of up to £75m.

NBS said the product provides protection for directors, officers and other managers against claims arising from their business activities.

It also incorporates corporate legal liability cover, providing protection for claims made against the business itself.

Availability 

The new product is available across a broad range of sectors, including commercial businesses, hotels, hospitality firms, pubs, nightclubs and retailers.

NBS said the launch complements its existing commercial and SME insurance portfolio and will allow brokers to access additional financial lines cover through an underwriting partner they already trade with.

Steve Cowman, managing director at NBS, said: “We’re continuing to expand our product range to give brokers access to a wider range of cover for their clients.

“D&O Insurance is a good fit alongside our existing commercial and SME products, providing additional cover options for their business clients.

“With A rated capacity from Accelerant and a straightforward quote and buy process through our broker portal, we’re making it easy for brokers to access this cover for their clients.”