About Us
Northcourt is well established in the nuclear insurance market and approved by major nuclear insurance brokers. It offers greater flexibility for nuclear utilities to re-structure their insurance programmes to meet their requirements and spread their risk in the insurance market.
Northcourt operates two Binders, Property Damage and Nuclear Third Party Liability. Its panel of insurers comprises of Lloyd's Syndicates and Company markets, all "A" security rated or above.
Northcourt underwrites insurance risks on a global basis wherever Lloyd's of London and its Company markets have a license. Please refer to the link below for further information:
https://www.lloyds.com/the-market/tools-and-resources/tools-e-services/crystal
Northcourt brings together a highly experienced nuclear team to offer insurance solutions for companies in the nuclear fuel cycle:
- Uranium Enrichment/Conversion Plants
- Fuel Fabricator Plants
- Nuclear Power Plants
- Nuclear Reprocessing Plants
- Nuclear Decommissioned Plants
- Nuclear Waste Management Sites
- Nuclear Storage Sites
- Research Reactors and other designated nuclear sites
- Contractors working on nuclear sites
- Investors in nuclear projects / assets
Northcourt Mission
Northcourt Limited is an international insurance and re-insurance Lloyd's Managing General Agent established for the purpose of providing insurance solutions to the nuclear industry sector worldwide. It is run by highly experienced nuclear insurance personnel and its mission is to bring additional capacity to the market, provide choice of insurer and spread of risks so enabling insureds to have more flexibility in their programme design.
Northcourt Objectives
Northcourt aims to build strong long-term relationships both with existing and potential customers from all areas of the nuclear industry ranging from enrichment facilities, fuel manufacture, construction, power plants, reprocessing, decommissioning, waste management, transport and to develop close relationships with the Broker network and work in partnership with the nuclear insurance market to build out additional capacity for its Property Damage and Liability Binders.
Northcourt Limited is a company authorised under the Insurance Distribution Act Cap 487 to carry out insurance intermediaries activities and is regulated by the Malta Financial Services Authority (MFSA, The Bastions Office No. 2, Triq Emvin Cremona, Floriana FRN 1281).
