An NMU for the Future

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.

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 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.


22/10/21

News: Understanding the importance of Multi-factor Authentication: Cyber Security Awareness Month 2021

As we move into the final week of Cyber Security Awareness Month 2021, we’re taking a closer... read more

20/10/21

News: War and Strikes Risks Updates | 20th October 2021

Although various risk scores have been updated this month – as they are every month – there... read more

18/10/21

News: Wellness days – 1st and 5th November

As announced last year, we are giving all of our colleagues a well-deserved wellness day each quarter in recognition... read more