Insurance agency launches niche motor offering

Insurance agency launches niche motor offering | Insurance Business

Insurance agency launches niche motor offering
NM Insurance has this week launched motorcycle insurance offering, Mi-Bike, to brokers nationwide.

The offering, underwritten by Vero, will target owners of motorcycles, used both on road and off road.

NM Insurance manages all underwriting and claims out of their North Sydney, NSW office. The company’s business development staff handle service and promotion.

Lyndon Turner, CEO of NM Insurance, said NM had enjoyed the product line in New Zealand for a number of years and is looking forward to extending that offering to its broker network in Australia.

He added: “We have strong experience in this area, a dedicated team to service with the backing of Vero/Suncorp as underwriting partners, and during the recent winter periods, this has been the fastest growing area of our businesses across Australia and New Zealand.”  

NM Insurance will start accepting business from 1st October onwards, and delivery will be via an online quote and bind.