New marine partnership unveiled

New marine partnership unveiled | Insurance Business

New marine partnership unveiled
A new strategic partnership for the marine sector has been forged between Proteus Marine Insurance Pty Ltd, a specialist underwriting agency that is part of NM Insurance Group, and QBE Insurance Australia, for the Steadfast network.

The new partnership will include new business development underwriters focused on supporting the Steadfast network locally, with QBE providing security.

The deal will see Proteus act as the underwriting agent for QBE for Steadfast broker’s new business from May 01.

“Marine Insurance is at the core of what NM Insurance stands for, and we look forward to working with our partners to maximise the opportunities they have in this sector, and continue to be a partner of choice nationwide,” said Lyndon Turner, NM Insurance CEO.

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Robert Kelly, CEO and managing direct of Steadfast Group Ltd added: “QBE and Steadfast have a strong working relationship and I am sure this venture will build on the strength of both companies to further our expansion into the Commercial Marine market.”

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