Overview
A market defining warranty and affinity underwriting business, built on relationships, driven by insight and powered by emerging technologies. Deliberately different, we create smart, scalable schemes with bespoke wordings and fast access to A-rated capacity, helping our partners stay ahead.
Regions covered
Worldwide
Products
Choose a product:
Mobile Device Protection
Overview
From smartphones to laptops, today’s technology goes everywhere, and so should the protection behind it. We offer tailored coverage for a wide range of portable devices, helping clients manage the rising cost of repairs and replacements with ease.
Risk Appetite
Our carriers have an appetite for the latest in portable tech, with coverage options for:
- Mobile phones
- iPads and tablets
- Laptops
- Cameras
Service Highlights
A-rated Carriers
We partner with a panel of trusted, A-rated carriers, ready to support scalable, global schemes with confidence.
Fast Quote Delivery
We understand that with multiple stakeholders in the value chain, we need to react quickly. Our quotes are delivered without delay.
Experienced Team
With decades of experience specifically in the Schemes market, we have the knowledge and expertise to support you.
Extended Vehicle Warranty
Overview
Our largest product line, backed by decades of specialist underwriting expertise, Vehicle Warranty offers an insurer backed solution for the manufacturer or importer for New Vehicle Extended Warranty, or for used vehicles to complement an ‘Approved Used’ vehicle programme.
Risk Appetite
We cover a broad range of vehicle types, including hybrid and electric, we are a leading MGA in the Extended Vehicle Warranty market.
- A wide range of vehicle types, including agricultural vehicles, trucks and cars
- Flexible warranty period
- Global coverage
- Additional motor products, including Alloy, Scratch and Dent, Misfuelling
Service highlights
Bespoke Wordings
Off the shelf does not work for us. We always look to create bespoke wordings to provide clients with competitive advantage.
Global Reach
We underwrite business globally, and have offices in the UK, Europe and Asia.
Quality Data
Supported by first class operating models and in-house actuarial analysis, we manage business efficiently and profitably.
GAP Insurance
Overview
Guaranteed Asset Protection (GAP) insurance protects your customers against a financial shortfall in the event of a total loss due to fire, theft, accident or physical damage of the vehicle.
Scheme Appetite & Covers
Here are just some of the GAP solutions we provide:
- Return to Value
- Vehicle Replacement Cover
- Lease Cover
- Return to Invoice
- Finance Cover
Service Highlights
Speed to Market
We move fast – from opportunity to bound risk in a matter of weeks, our agile approach means more results.
Data and Analytics
Our in-house actuarial expertise gives us the insight to manage schemes profitably and sustainably.
Claims
With dedicated claims specialists on hand, you and your clients get expert guidance when it matters most.
Affinity Programs
Overview
Whether success for an Affinity Scheme is attracting new members or enhancing the loyalty of existing members with new programmes, we have the flexibility, knowledge and relationships to deliver a bespoke solution.
Risk Appetite
Whether your aim is to drive acquisition or boost loyalty, we have the expertise to deliver bespoke affinity schemes that work.
- Dental implants cover
- Golfers' programmes
- Credit card enhancements
- Membership benefits
- Ticket cancellation
Service Highlights
Experienced Team
With decades of experience specifically in the Schemes market, we have the knowledge and expertise to support you.
Transparency
We always provide a full breakdown of every programme we operate, providing real visibility and insight to you and your clients.
Global Reach
We underwrite business globally, and have offices in the UK, Europe and Asia.
Appliance Warranty
Overview
From kitchen essentials to home entertainment systems, we understand the appliance warranty market inside out. Our solutions offer peace of mind for consumers and a competitive advantage for partners.
Risk Appetite
We have a broad appetite for Appliance Warranty business and examples of our expertise include:
- Fridges and freezers
- Hobs and ovens
- Dishwashers
- Washing machines and tumble dryers
- Televisions and home cinema systems
- Audio equipment
Service Highlights
A-rated Carriers
We partner with a panel of trusted, A-rated carriers, ready to support scalable, global schemes with confidence.
Independently Owned
We are fiercely independent. We are driven by mutual success and not by the demands of external shareholders.
Fast Quote Delivery
We understand that with multiple stakeholders in the value chain, we need to react quickly. Our quotes are delivered without delay.
Financial Protection Products
Overview
Financial Protection products provide customers with peace of mind in the event of an unexpected life event which could affect their livelihood. Whether they are homeowners, tenants or landlords needing a bespoke solution, we have a product to suit.
Risk Appetite
Below is just a flavour of our Financial Protection appetite. If you have a bespoke opportunity, we are eager to discuss it:
- Income protection
- Bill payer protection
- Mortgage payment protection
- Rental deposit waiver
Service Highlights
Quality Data
Supported by first class operating models and in-house actuarial analysis, we manage business efficiently and profitably.
Technical Knowledge
We only hire the best talent in the market, with the expertise and know-how of the sectors we operate in
Fast Quote Delivery
We understand that with multiple stakeholders in the value chain, we need to react quickly. Our quotes are delivered without delay.
Furniture Warranty
Overview
Furnishing a home can be expensive, often running into tens of thousands of pounds. Securing a warranty that goes beyond the manufacturer's standard coverage is a smart choice, offering you not only added protection but invaluable peace of mind.
Risk Appetite
We can deploy capital to enhance earnings and competitive advantage for retailers as we have solutions for a broad range of household furnishings, including:
- Tables
- Beds and mattresses
- Bedroom furniture
- Chairs
- Sofas
Service Highlights
A-rated Carriers
We partner with a panel of trusted, A-rated carriers, ready to support scalable, global schemes with confidence.
Independently Owned
We are fiercely independent. We are driven by mutual success and not by the demands of external shareholders.
Bespoke Wordings
Off the shelf does not work for us. We always look to create bespoke wordings to provide clients with competitive advantage.
Head of Underwriting
Testimonials
We have a long standing and trusted partnership with the team at Novus. They have the relationships to develop new opportunities on a global basis and the underwriting discipline to ensure long term value for all.
As a niche specialty reinsurance broker, we need reliable and professional business partners that create value, together with an approach focused on teamwork. With a strong presence in Asia, Novus Underwriting has such qualities, with knowledgeable and experienced people who exceed expectations.
Contact Novus
Phone
Address
The Monument Building, 11 Monument Street, London, EC3R 8AF
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