NM Insurance, has today announced a new agreement with Zurich Australian Insurance Limited (ZAIL), which will see the global insurer provide further capacity for NM Insurance’s portfolio of products.
From 1 September 2022, under the new agency agreement, ZAIL will provide capacity for Proteus Marine, a provider of commercial marine insurance lines of cargo, carriers, commercial hull and marine liabilities.
“We are pleased to further extend our alliance with Zurich, in addition to our other insurance products and services supported by Zurich successfully for the last 2 years,” says NM Insurance Chief Executive Officer, Lyndon Turner. “The stable platform that ZAIL delivers will enable Proteus Marine to continue to provide quality insurance solutions to the Australian and New Zealand broker markets, while supporting the growth and strategic direction of the company now, and well into the future.”
“We are excited to enhance our already strong relationship with NM Insurance by supporting the Proteus Marine brand,” says Zurich Head of Marine, James Butchart. “Proteus Marine’s product suite is directly aligned to Zurich’s global marine strategy and provides Proteus Marine’s customers with tailored solutions for their risks.”