It’s safe to say 2020 has been a year like no other, sadly, for all the wrong reasons. The disruption the Covid-19 pandemic has created has been immense. Businesses of almost all industries have undergone profound change this year. Such transformation in the way businesses are being run and the new demands being put on them, underscores an even more urgent need for non-standard commercial insurance.
Nelson Policies at Lloyd’s commercial facility recognises that it isn’t always easy for businesses to find insurance to cover their exact requirements. Moreover, you won’t be left waiting for a response, as decisions on cover are made quickly and quotes are provided the same day whenever possible.
In the non-standard world we currently find ourselves in, Nelson specialise in underwriting bespoke non-standard enquiries, risks that traditional insurance markets might turn away, including:
- convictions (most conviction types can be considered)
- constructions (modern methods, composite panel and timber framed)
- adverse financial disclosures (bankruptcy, IVA and liquidations on a case-by-case basis)
Their commercial offering includes:
Commercial Combined - bespoke, tailored solutions for standard and non-standard commercial combined business. This is a very flexible product and offers a wide variety of trades and occupancies with a genuine non-standard appetite.
Liability - standalone liability (EL, PL and Products) for a wide range of business trades, from sole traders on a per-capita basis to larger wages and turnover-rated policies. A flexible rating approach as well as USA exports and Far East imports capability.
SME Package Business - a wide variety of trades that make up a general retail account including cafes, gift shops, electrical retail, clothing retail, office risks and hairdressers. Criminal convictions and adverse financial history considered.
- Quick decisions made via telephone prior to a full enquiry
- Same day turnaround on quotes wherever possible
- All business is underwritten on a “Statement of Fact” basis, electronic delivery of documentation
- Their growing team has a wealth of underwriting experience and pride themselves on consistently delivering unrivalled, innovative yet competitive insurance solutions
For further information about Nelson Policies at Lloyd’s commercial facilities, please speak to your Blink IS Business Development Manager or click here.
Full underwriting terms and conditions apply, please ensure that all of the contractual documentation is read and understood prior to use. This facility is marketed and distributed by Blink Intermediary Solutions.
This facility is provided by Nelson Policies at Lloyd’s a trading name of Nilefern Ltd who are authorised and regulated by the Financial Conduct Authority register number 305456 and underwritten by certain underwriters at Lloyd’s and other insurers. Access to this facility is subject to approval by the product provider only. Blink Intermediary Solutions is not part of the approval process and is not the product manufacturer. Some products/facilities are not available in all territories. The intended recipients of this content are UK FCA-regulated insurance brokers. Full details of FCA authorisations can be found at www.fca.org.uk. This information is correct at the time of production, but may be subject to change.