NBS Underwriting adds Hiscox to panel

Managing general agent NBS Underwriting has added Hiscox Insurance Ltd to its panel. The carrier will provide A-rated capacity on NBS’s non-standard household products, including its home and contents plus, business home, and contents plus schemes. The move complements the existing household capacity provided by Tokio Marine HCC. NBS household products target owners of high and non-standard risk properties.

Steve Cowman, managing director of NBS Underwriting, said: “We are excited to welcome Hiscox to our insurer panel. The addition of their A-rated capacity and expertise allows us to provide brokers with robust cover options for their clients. We look forward to the opportunities this partnership will bring and the strengthened value it will provide to our brokers.”

Lee Turner, national schemes sales manager at Hiscox, added: “We look forward to working with NBS. They stood out as a partner for us due to our similar values and their strong ethos. We have been impressed with their consistent growth over the past years, which has been accompanied by excellent loss ratios. We are confident that this partnership will bring significant benefits to both companies.”


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