‘By broadening the cover and ensuring it is straightforward to place, we are strengthening our proposition in the construction sector and supporting brokers,’ says managing director
MGA NBS Underwriting has launched a new contractors combined product backed by A-rated capacity from Hadron and Accelerant.
The new proposition brings together existing core covers to create a single streamlined product.
It will focus on low-to-medium hazard construction risks – available for over 50 different trades including general builders, electrical contractors, plasterers, window fitters and landscapers – and will include cover for professional indemnity, property damage, theft, all risks cover and excess of loss up to £10m.
Additional add-ons and extras, including contract works, plant and tools and business interruptions protection, will also be available.
Supporting brokers
The policy is available in an all-in-one structure that NBS Underwriting said will offer brokers a “straightforward solution that saves time while delivering strong protection for their clients”.
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Steve Cowman, managing director at NBS Underwriting, said: “We are pleased to launch our new contractors product, which reflects our commitment to providing brokers with the solutions they need for their clients.
“By broadening the cover and ensuring it is straightforward to place, we are strengthening our proposition in the construction sector and supporting brokers in securing good quality business.”
He graduated in 2017 from the University of Manchester with a degree in Geology. He spent the first part of his career working in consulting and tech, spending time at Citibank as a data analyst, before working as an analytics engineer with clients in the retail, technology, manufacturing and financial services sectors.View full Profile
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