NMU looks back at 2021

NMU-2021-Review

Authored by NMU

As we enter 2022, we would like you to join us in looking back at our key highlights which sparked the most excitement within the broker community in 2021. It was a busy year for us as we continued to produce insight and tools, so we’ve highlighted some of the most read content of the year and made it easy to find in our round up article. 

Cargo

Throughout the year, we have published several cargo risk reports in conjunction with our supply chain partners and other articles which brokers and clients alike have found useful and insightful from supply chain topics to general articles and how to overcome common cover objections.

Cyber

Technology is constantly evolving in the digital age, and so are cyber threats. We produced several articles to highlight and help you understand the latest cyber threats. 

Terrorism

Risk managers and security experts believe that the introduction of Protect Duty legislation could have a similar impact to that GDPR (General Data Protection Regulation) had with data security and data handling, so it’s important to start to think about the potential requirements for businesses now. 

NMU’s Terrorism Underwriting Manager, Gary Barlow talked to Insurance Age editor, Sian Barton about the changing terrorism threat landscape in the UK and how the business is adapting to the evolving threat and the ongoing debate around Martyn’s law for the 2021 Products Edition here.

Engineering

We have compiled a few examples of how we assisted broker partners place exposures for policyholders, supported by our in-house experts, and how we can do the same for you. 

Awards

Finally, we are immensely proud to have been recognised in Insurance Age’s Broker Satisfaction survey, winning ‘Gold’ in the category of Commercial Lines – Strongest for Service Award, and we thank our broker partners for voting for us. 

Don’t miss our latest updates

2022 will bring even more valuable content from our team of experts. To be one of the first to see our exclusive news and insights, be sure to follow our LinkedIn page and subscribe to our newsletters

Contact us

For more information about our products and services, contact your NMU Development Underwriter.

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About NMU

NMU is an award-winning provider of specialty insurance solutions

We are the first choice for brokers looking for specialty insurance, offering solutions that are not simply off-the-shelf, but built upon a real understanding of the risks faced by policyholders. This, together with our ability to write risks such as storage, installation, construction and exhibitions outside of the UK and offer terrorism cover on overseas property, sets us apart from the competition.

You can count on us, when you need us most! We are NMU

Our team of professionals based across the UK, provides customers with an in-depth product knowledge and a real personal service.

We provide bespoke insurance products that are not simply off-the-shelf solutions, but built upon a real understanding of the risks faced by policyholders as well as offering added value services to benefit our clients.

Our product and services range comprises:

Cargo InsuranceMarine cargo policies cover goods during import and export, including any incidental storage, as well as domestic distribution. Stock throughput polices can cater for all this plus other, intentional storage…read more

Freight Liability InsuranceCovering the liabilities to which hauliers, freight forwarders and warehouse keepers are exposed when they contract to move or store goods owned by others…read more

Engineering InsuranceCovering contractors’ all risks (CAR), erection all risks (EAR) and contractors’ plant; machinery movement (and installation), breakdown and business interruption; deterioration of stock; and electronic risks…read more

Marine Equipment InsuranceCovering remotely-operated and autonomous underwater equipment – ROVs, AUVs and the like…read more

Terrorism and Sabotage InsuranceStandalone terrorism cover can be a more flexible and cost-effective alternative to traditional placement routes…read more

Motorsport InsuranceDesigned for commercial risks, our motorsport policy offers 24/7 cover for teams at all levels across all disciplines…read more

Cyber InsuranceProviding SMEs with a simple, robust solution for cyber liabilities, cybercrime and restorative support…read more

Risk ControlWhilst we pride ourselves on our claims service, there is far more benefit to policyholders in preventing loss and damage in the first place…read more

Online FacilitiesTo complement our award-winning service, we use online facilities to assist NMU policyholders and brokers alike…read more

Claims ManagementWe pride ourselves on prompt and efficient claims management, which is supported by the use of independent surveyors and adjusters to quantify larger losses and to give advice on mitigation measures…read more

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