NSM Insurance: Everything You Need to Know

When it comes to protecting your business, choosing the right insurance provider is crucial. NSM Insurance Group is a leading provider of specialty insurance programs, catering to a range of niche markets. In this article, we’ll explore what NSM Insurance is all about, their history, the markets they serve, and the coverage they offer.

The History of NSM Insurance

NSM Insurance Group was founded in 1990 by Geof McKernan and John F. Smith Jr. Their mission was to provide specialized insurance solutions for niche markets that were underserved by traditional insurers. Since then, the company has grown significantly, with over 24 programs and 800 employees across the United States and the United Kingdom.

One of the keys to NSM’s success has been their focus on building long-term relationships with their clients. They partner with industry experts and associations to gain a deep understanding of the risks and needs of each market they serve. This approach has allowed them to develop tailored insurance programs that meet the unique needs of each client.

The Markets NSM Insurance Serves

NSM Insurance Group offers insurance programs for a broad range of niche markets. Here are just a few of the markets they serve:

Market
Coverage Offered
Amusement & Entertainment
General & Excess Liability, Property, Inland Marine, Workers Compensation, Crime, Auto
Collector Cars & Classic Cars
Agreed Value Physical Damage, Liability, Spare Parts Coverage, Roadside Assistance, Trip Interruption Coverage
Addiction Treatment & Behavioral Health
General & Professional Liability, Property, Workers Compensation, Directors & Officers Liability, Employment Practices Liability, Cyber Liability

These are just a few examples of the markets NSM serves. They also offer programs for sports & fitness, transportation, workers’ compensation, and more.

The Coverage Offered by NSM Insurance

NSM Insurance Group offers a wide range of coverage options for their clients. Here are some of the types of coverage they offer:

General Liability Insurance

Provides coverage for bodily injury and property damage claims that arise out of your business operations.

Professional Liability Insurance

Provides coverage for claims that arise from errors or omissions in your professional services. This type of coverage is also known as errors & omissions (E&O) insurance.

Property Insurance

Provides coverage for your business property, including buildings, equipment, and inventory.

Cyber Liability Insurance

Provides coverage for losses that arise from a data breach or other cyber incident. This type of coverage is becoming increasingly important as businesses become more reliant on technology.

Workers’ Compensation Insurance

Provides coverage for workplace injuries and illnesses. This type of coverage is required by law in most states.

FAQ

What makes NSM Insurance different?

NSM Insurance Group offers specialized insurance programs designed for niche markets. They have a deep understanding of the risks and needs of each market they serve, which allows them to develop tailored insurance programs that meet the unique needs of each client.

How do I know if NSM Insurance is right for my business?

If you operate in a niche market and are having trouble finding coverage from traditional insurers, NSM Insurance Group may be a good option. They offer a wide range of specialized insurance programs for niche markets, and they have a long history of building strong relationships with their clients.

How can I get a quote from NSM Insurance?

To get a quote from NSM Insurance Group, you can visit their website and fill out their contact form. You can also contact their sales team directly by phone or email.

Does NSM Insurance offer coverage in my state?

NSM Insurance Group offers coverage in all 50 states. They also have programs available in the United Kingdom.

How do I file a claim with NSM Insurance?

If you need to file a claim with NSM Insurance Group, you can do so by contacting their claims department directly. They have a dedicated team of claims professionals who will guide you through the process and help you get the coverage you need.

Conclusion

NSM Insurance Group is a leading provider of specialized insurance programs for niche markets. With a long history of building strong relationships with their clients and a deep understanding of the risks and needs of each market they serve, NSM Insurance is a great choice for businesses looking for tailored insurance solutions. If you’re interested in learning more about NSM Insurance Group and the coverage they offer, visit their website today.