NMU launches marine trade product
The organisation took the broker sourced book of business from its sister company Groves John & Westrup.
Insurer NMU launched a marine trade product at the Biba conference in Manchester earlier this month.
The firm explained that the launch followed a strategic review of the business by parent company Munich Re.
This led to the marine trade book of business being transferred to NMU’s from sister company Groves John & Westrup (GJW) as of 1 January 2017.
Core business
A statement confirmed that GJW will continue to focus on its more traditional, core business of direct yacht and pleasure craft
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