NBS tees up new product for golf clubs

NBS Underwriting has launched a new product for golf clubs, courses and their associated facilities. NBS says the proposition builds on its established focus on the sports and leisure sector and can accommodate the mixture of sporting, hospitality and retail risks found in golf clubs.

The flexible policy offers material damage cover with limits of up to £15m, public
liability cover up to £5m, with an option to increase to £10m through an
excess layer arrangement and employers’ liability cover up to £10m.

The product is backed by A-rated capacity from Hadron or Accelerant. Allied World is providing the excess layer capacity. Existing brokers can secure quotations via the NBS broker portal. The managing general agent is also exploring scheme opportunities.

Steve Cowman, managing director of NBS, said: “Launching a dedicated golf club product
was a natural extension of our existing offering. We already have significant experience
across sports and social clubs, hospitality and retail risks, all of which are key components of
a modern golf club.

“By bringing that expertise together, we've developed a specialist proposition that reflects the
unique blend of exposures found within golf clubs, while providing brokers with access to
tailored cover backed by strong capacity partners.”


Share Story:

YOU MIGHT ALSO LIKE