NM Insurance Secures Growth with Five-Year Zurich Partnership
NM Insurance Secures Growth with Five-Year Zurich Partnership
This new long-term binder agreement solidifies the relationship that started in 2020. According to NM Insurance CEO, Lyndon Turner, the deal not only ensures business stability but also accelerates the company’s momentum in delivering niche, market-leading products supported by a globally recognised insurer.
Currently managing a $90 million portfolio and employing over 100 staff members, NM Insurance views the collaboration with Zurich as a testament to its disciplined underwriting and robust growth strategy. The partnership provides brokers with increased assurance, knowing that NM Insurance's products are backed by a global entity with a steadfast local presence in Australia and New Zealand.
The extended agreement is seen as a vote of confidence that is expected to facilitate further expansion for NM Insurance. This confidence is bolstered by Zurich’s endorsement, as the insurer’s local head of general insurance, Alex Morgan, emphasises NM's track record and underwriting expertise as key drivers for the partnership.
Looking ahead, this strategic alignment not only ensures service continuity, claims reliability, and consistent support for brokers but also strengthens NM Insurance’s role in niche risk strategies. The extended support from Zurich underscores the insurer’s commitment to maintaining strong, stable relationships with trusted partners, aiming to deliver solutions trusted by both brokers and clients alike.
Published:Friday, 5th Sep 2025
Source: Paige Estritori
Share this news item:
| Insurance Council of Australia Assists NSW Flood Claimants 09 Sep 2025: Paige Estritori In response to the devastating floods that swept across New South Wales' Mid North Coast in May, the Insurance Council of Australia (ICA) is taking proactive steps to support the affected residents. Insurers, organised by the ICA, will be meeting with flood victims in Kempsey, Taree, and Port Macquarie to provide guidance and support as they navigate their insurance claims. - read more |
| Ombudsman Upholds Policyholder’s Claim Despite Fraud Allegations 08 Sep 2025: Paige Estritori A motor insurance policyholder has won a significant dispute over fraud allegations, with the industry ombudsman ruling in favour of a payout following a controversial car accident claim. The case revolved around an incident where the claimant's wife crashed at an intersection one evening, reportedly failing to yield. The lack of photographic evidence due to shock and subsequent involvement of towing services complicated matters. - read more |
| NM Insurance Secures Growth with Five-Year Zurich Partnership 05 Sep 2025: Paige Estritori In a strategic move set to bolster its market position, NM Insurance has announced a five-year agreement with capacity provider Zurich, positioning itself for further growth and increased broker confidence in its success. Since its establishment two decades ago as Nautilus Marine Insurance Agency, NM Insurance has expanded its focus beyond the recreational boat market in Australia, branching into New Zealand and diversifying into the commercial marine, caravan, and motorcycle sectors. - read more |
| Empower Your Cyber Knowledge with CFC's Free Masterclass 03 Sep 2025: Paige Estritori In an era where cyber threats are increasingly sophisticated, CFC Underwriting Limited has unveiled a unique opportunity for brokers to fortify their expertise through its newly launched Cyber Masterclass. This initiative offers a flexible, on-demand video learning series designed to advance brokers into proficient cyber insurance specialists at their convenience. - read more |
| Maximizing Your Income Protection Payout: Tips and Strategies In the realm of personal finance, security is a cornerstone that cannot be overlooked, and this is where income protection insurance steps in. For Australians, the peace of mind that comes with knowing you're covered against loss of income due to illness or injury is invaluable. This form of coverage acts as a financial safety net, ensuring that life's unexpected twists do not leave you in a lurch. - read more
|
| Understanding the Process: A Beginner's Guide to Income Insurance Claims Income insurance, an often-overlooked component of financial security, is gaining traction among Australia's burgeoning self-employed population. In an economy where traditional employment is no longer the sole path to success, this form of insurance has become a cornerstone for proactive financial planning. Touted as a safety net, it ensures that personal livelihoods and business operations remain secure in the face of adversity. - read more
|
| Protecting Your Legacy: Estate Planning and Life Insurance for Australians When thinking about the future, it's essential to have a comprehensive strategy that ensures the well-being of your loved ones and the security of your assets. Estate planning and life insurance are two critical pillars in safeguarding your family's financial stability. Despite the complexity often associated with these topics, understanding their importance and implementing them correctly can provide immense peace of mind. - read more
|
| Tax Deductions and Income Protection: Maximizing Your Benefits When life throws unexpected health challenges your way, having a solid plan to protect your income is crucial. Income protection insurance is designed to provide financial support if you're unable to work due to illness or injury, allowing you to focus on recovery without the added stress of financial burden. - read more
|
A financial or other kind of interest in the insured item or person, necessary for a valid insurance contract.