NBIS offers new casualty excess

20 September 2011

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US specialist insurance provider NationsBuilders Insurance Services (NBIS) has announced a new excess casualty facility, offered in conjunction with Ironshore insurance.

This new facility provides excess liability and umbrella coverage in addition to NBIS’s suite of existing facilities for primary general liability, commercial auto, workers’ compensation, and inland marine/property for crane, rigging, and specialized transportation risks.

“This comprehensive excess casualty program further extends our commitment to exceptional risk management based insurance products that provide real and quantifiable benefits to the crane, rigging, and specialized transportation industries. Ironshore is the natural choice when contemplating a market partner that shares our dedication to specialized coverages that work in concert with our team of professionals for a vertically integrated approach to insurance not found in the marketplace or through 'big box' carriers,” said NBIS senior vice president, Jim Jinhong.

“Ironshore's new relationship with NBIS reflects our ongoing commitment in providing comprehensive insurance coverage solutions to specialty Program Administrators and select market sectors,” said Marc S Willner, Senior Vice President of Ironshore Programs.

NBIS is a Managing General Underwriter (MGU) specializing in insurance program administration. With operations strategically located in Atlanta, Baltimore, Chicago, Houston and San Diego, NBIS provides program underwriting, policy issuance, claims adjusting and customized risk management services as a specialty insurance MGU for the crane, rigging, specialized transport, energy service, concrete pumping, builders and manufactured housing industry sectors to retail producers nationwide.

NBIS, with six locations throughout the US, provides liability insurance for the crane, rigging, and special transportation industry, among others. It works closely with the US trade assocation, the SC&RA.

Until now its services have been limited to industrial, primary general liability, commercial automotive, workers’ compensation, and inland marine or property.