Our Members

What members are and what they represent

NRI members are represented by Lloyd’s syndicates and insurance companies looking to deploy their capacity for exclusive access to a portfolio of nuclear risks managed by a highly skilled team of insurance and industry experts. NRI membership has been extremely consistent during the years providing a reliable and continuous support to NRI and the nuclear industry.  NRI is immensely appreciative of the members’ contribution and proud of the collaborative and mutually beneficial relationship established over the years.

What we do for our members

NRI, with the support of the members, developed over several decades a stable and unique skill set to assess, model, price and maintain a profitable portfolio of nuclear risks. NRI represents a centre of nuclear insurance excellence complementing the members expertise in this highly technical class, giving them access to the international nuclear pooling network and industry client base. As the industry evolves, NRI leadership and knowledge proactively adapt keeping the offering to clients on behalf of the members responsive and effective.

How we do what we do for our members (binding authority)

NRI responsibilities include underwriting, negotiating contracts, binding coverage and settling claims as defined in the binding authorities agreed between NRI and the members. The binding authorities are renewed annually and they define the authorised classes of business, maximum limits of liability and other details, setting the basis of NRI’s remit. In compliance with the binding authorities,  NRI deliver according to the annual business plan which is shared and agreed in full transparency with the members.

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