NMU

The Exchange New York Street Manchester, M1 4HN
https://www.nmu.co.uk/
  • About NMU

    NMU is an award-winning provider of insurance solutions across a range of product lines.
    Established in 1982 to actively trade in the provincial market, NMU provides a range of innovative insurance solutions backed up by award winning service. NMU have since grown to become a leading player, with a network of strategically placed offices.

    At the heart of our business are competitiveness, service, attention to detail, innovation, flexibility and the fair treatment of customers. What sets us apart, is our ability to provide bespoke insurance solutions that are not simply off the shelf, but built upon a real understanding of the risks faced by policy holders.

    We provide insurance solutions to more than 15,000 customers. Our range of products encompasses:

    • Cargo: imports and exports, storage, distribution
    • Marine Equipment: ROVs, AUVs
    • Freight Liabilities: haulage, freight forwarding, warehouse keeping
    • Engineering: construction and plant, machinery, deterioration of stock, computer equipment
    • Terrorism: property damage and business interruption
    • Marine Trade: Public liability, employers’ liability, buildings, contents, business interruption and other covers for the marine trade industry
    • Motorsport: vehicles, trailers, tools and equipment

    With offices in Dublin, Belfast, Glasgow, Leeds, Manchester, Birmingham, LiverpoolLondon and Maidstone, NMU are ideally placed to understand and meet the needs of brokers across the UK and Ireland.

NMU launches terrorism motor fleet product

Marine-underwriting-specialist-NMU-launches-terrorism-motor-fleet-product

Recognising the changing nature and modus operandi of modern-day terrorist attacks, which has seen a significant shift towards causing human casualties with the use of motor vehicles as weapons, NMU have today announced the launch of an innovative new stand-alone terrorism product, specifically for motor fleet operators.

Having been faced with an inconsistent approach to terrorism related exposures by Motor insurers, NMU can now uniquely provide Motor fleet operators with the ability not only to protect their schedule of commercial vehicles against the risk of physical loss or damage (following a broadly defined range of terrorism perils, including sabotage) but also, and uniquely, against financial losses, triggered by either damage or non-damage/malicious attack events.

Their competitively priced offering is designed specifically for entities such as the likes of coach/bus operators, hauliers, logistics providers, outside broadcasting & media entities, council fleets and similar – providing protection on a 24/7 basis within a range of optional territorial limits (which can include Europe), for commercial vehicle fleets, including trailers, accessories and passenger effects.

Commenting on the new product release, NMU Executive Director, Duncan McClean said, “The evolving nature of terrorism incidents brings a whole new set of risks and exposures not previously considered or catered for.

“By recognising a gap in the motor market, I’m delighted that NMU have once again delivered with the provision of an innovative, niche product solution, designed specifically to include the unique and critical protection that fleet operators need.”

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