Do your clients have the right cover for Jubilee Events?
Authored by NIG
You may have heard, there’s a rather big national celebration this year! June will see us enjoying a four-day bank holiday weekend from Thursday 2nd June to Sunday 5th June to mark the Queen’s Platinum Jubilee and celebrate her 70 years on the throne.
As the nation celebrates this landmark, both in the build-up to and over the long weekend, there are likely to be a huge number of public events and community activities taking place. Many businesses may also find their operational needs changing as they stock-up for the celebrations and host different activities. We take a look at how we can help you ensure your clients have the right protection in place to make the most of this momentous occasion.
Our underwriting approach
Most of our products are already tailor-made with suitable inner limits appropriate for such events. For example, we offer cover for exhibitions up to £50,000 and seasonal stock increases of 25%, free of charge to a certain sum insured.
If sections of cover are no longer required, or the level of cover needs altering to accommodate an event or reflect a change in trading behaviour please contact us.
There may be some instances where we require additional information, for example, related to Plant & Machinery hire.
For Package products, you’ll be able to process many mid-term amendments electronically as usual. System-related referrals can be sent to the usual underwriting teams.
Help us to help your clients
Our dedicated underwriting teams will always try and accommodate requests where possible. However, there may be instances where further information regarding the event or change in business practices may be required. To help us help you as quickly as possible, please have any relevant information to hand when discussing Policy amendments with our teams.
Risk Assist and Risk Surveyors
You can access Risk Assist for an easy-to-use and comprehensive range of online tools to help manage and reduce risks in your client’s business, 24/7. Plus, our team of Risk Surveyors will be on the road throughout 2022, ready to help mitigate risk during the celebrations.
Open for business
You can contact us by email, phone or, in some instances, by live chat. We’re here to support you and your clients, as always.
About NIG
We’ve been experts in commercial insurance for 125 years.
The National Insurance and Guarantee Corporation (NIG) is a broker only insurer; we believe in getting to know both the brokers we work with and their clients’ businesses, building trusted partnerships that last for the long-term. Our highly experienced underwriting team are focused on working with brokers to identify and understand the risks faced by UK enterprises. Together, with our risk control experts and risk management tools we develop solutions to help UK enterprises reduce and mitigate key exposures. We offer a wide range of products with flexibility to create tailored insurance cover and when clients need us, claims are dealt with quickly and fairly through a proactive claims approach.
Our trading model has been designed to reflect the differing requirements of how brokers like to trade, with regional offices, National Trading Centre, National Schemes Centre, eTrade Centre of Excellence and dedicated experts for specialist sectors.
We’re investing in new technology to make us even easier to trade with. We’re launching an online risk management resource supported by our in-house Risk Control Team and introduced online claims submissions to speed up the claims process, minimising disruption to clients’ businesses. We are also the only insurer two years running with a five-star rating for both TheHub and Software Houses, in the Insurance Times 2019 and 2020 eTrade survey.
We are dedicated to making UK enterprises more resilient.
NIG is a wholly owned subsidiary of Direct Line Insurance Group plc, providing stability and financial strength. Our policies are underwritten by U K Insurance Limited.