Directors Blog | An NMU for the Future

Innovate and Maintain Core Values

Executive Director, Nick Limb, talks 2017 and looks into the future at NMU

2017 was an exciting year for NMU – one full of challenges and opportunities.

We have continued to work far closer with our parent company Munich Re Syndicate as part of their wider International Distribution network, looking at ways to both improve and strengthen our business model.

During 2017 we successfully integrated the Marine Trade book, launched at the annual BIBA conference and Exhibition. The account from our sister company has not only fitted exceptionally well into our business but it has also shown healthy growth. Our recent sponsorship of the “Marina of the Year Awards” at the London boat show was a particular highlight and something we were very proud to be associated with.

We also relaunched our stand-alone terrorism insurance product to include non-damage business interruption extensions. The evolving nature of terrorism incidents brings a whole new set of risks and exposures not previously considered or catered for by the market, particularly in relation to BI losses. Recognising this, our new terrorism product was updated to specifically include the critical protection that policyholders need.

An enormous amount of work goes into what we do and how we do it and the year ended on the most exceptional note when we won an unprecedented three awards at the Insurance Post 2017 Underwriting Service Awards dinner in November…

To read Nick’s full blog, click here.


16/11/18

News: Protected: Broker Expo round up

There is no excerpt because this is a protected post.... read more

13/11/18

News: NMU Scoops Underwriter of the Year Award

Backing up last year’s hat-trick of award wins, NMU has once again cemented their position in the... read more

17/10/18

News: War & Strikes Updates | 17th October 2018

Our War and Strikes risk update for 17th October is now online and can be found by... read more