Managing general agent NBS has expanded its commercial insurance proposition with a new D&O product that is backed by A-rated capacity from Accelerant Insurance Europe SA. In addition to the cover afforded to individual directors, officers and managers the product provides corporate legal liability for the business entity.

The product is aimed at organisations with a turnover of up to £75m operating as commercial businesses, hotels, hospitality venues, pubs, nightclubs and retail. The new product is available on a quote and buy basis through the NBS online portal.

Steve Cowman, managing director of NBS, commented: “We’re continuing to expand our product range to give brokers access to a wider range of cover for their clients. D&O
insurance is a good fit alongside our existing commercial and SME products, providing
additional cover options for their business clients.”

NBS offers more than 40 products across SME, commercial, property, PI and non-standard household insurance. It generates annual gross written premium of more than £115m.