Terms & Conditions
NORD YOUNG
Last Updated: March 14, 2025
Please read these Terms & Conditions ("Terms") carefully before using the Nord Young, LLC website or services. By accessing our website or engaging our services, you agree to be bound by these Terms.
1. Acceptance of Terms
By using this website or engaging Nord Young, LLC ("Nord Young," "we," "us," or "our") for insurance brokerage services, you ("Client," "you," or "your") acknowledge that you have read, understood, and agree to be bound by these Terms & Conditions, as well as our Privacy Policy and Accessibility Statement. If you do not agree to these Terms, you must not use our website or services.
2. Services Provided
Nord Young is an independent insurance brokerage specializing in marine insurance, commercial lines, and energy solutions. We act as an intermediary between clients and insurance carriers to help secure appropriate coverage. We provide:
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Insurance brokerage services (Marine Insurance, Commercial Lines, Energy Solutions)
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Risk assessment and consultation
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Claims advocacy and support
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Policy review and analysis
We do not underwrite insurance policies. All insurance coverage is issued by third-party insurance carriers.
3. No Guarantee of Coverage
While we work diligently to secure appropriate insurance coverage for our clients, we do not guarantee that:
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Coverage will be available for all risks
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Any specific insurance carrier will approve your application
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Quoted premiums will remain unchanged
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Claims will be paid by insurance carriers
Insurance carriers make final underwriting decisions and retain the right to decline coverage or modify terms.
4. Independent Broker Status
Nord Young is an independent insurance broker and is not employed by, owned by, or affiliated with any specific insurance carrier. We represent our clients' interests and work with multiple carriers to find suitable coverage options.
5. Client Responsibilities
As a client, you agree to:
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Provide accurate, complete, and truthful information in all applications and communications
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Disclose all material facts relevant to insurance coverage
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Review all policy documents carefully upon receipt
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Pay premiums and fees in a timely manner
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Notify us immediately of any changes that may affect your coverage
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Comply with all policy terms and conditions set forth by the insurance carrier
Failure to provide accurate information or disclose material facts may result in denial of coverage or claims.
6. Professional Advice Disclaimer
Information provided on this website or in consultations is for general informational purposes only and does not constitute professional insurance advice tailored to your specific situation.
Each insurance situation is unique and requires individual assessment. We recommend reviewing all policy documents with qualified professionals, including legal and financial advisors, before making coverage decisions.
Nord Young is not a law firm and does not provide legal advice. Nord Young is not a financial advisory firm and does not provide investment advice.
7. No Attorney-Client or Fiduciary Relationship
Use of this website or engagement of our services does not create an attorney-client relationship, fiduciary relationship, or any special duty beyond our obligations as an insurance broker. While we advocate for our clients in securing coverage and handling claims, our role is limited to insurance brokerage services.
8. Limitation of Liability
To the fullest extent permitted by law, Nord Young, LLC, its owners, employees, and agents shall not be liable for:
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Any indirect, incidental, consequential, punitive, or exemplary damages
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Loss of profits, revenue, business opportunities, or data
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Damages resulting from insurance carrier decisions, policy denials, or claim disputes
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Errors or omissions in information provided by third parties, including insurance carriers
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Any damages arising from your use of this website or our services
Our total liability for any claim arising from our services shall not exceed the total fees paid to Nord Young for the specific service giving rise to the claim.
9. Indemnification
You agree to indemnify, defend, and hold harmless Nord Young, LLC, its owners, employees, and agents from any claims, liabilities, damages, losses, costs, or expenses (including reasonable attorneys' fees) arising from:
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Your use of our website or services
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Your violation of these Terms & Conditions
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Your violation of any applicable laws or regulations
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Any inaccurate or misleading information you provide
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Any third-party claims related to your business operations
10. Payment Terms
Payment for services is due as agreed upon in individual service agreements or invoices. We reserve the right to suspend services for non-payment. Insurance premiums are paid directly to insurance carriers unless otherwise specified. Commission payments from carriers for placed policies are earned by Nord Young and are not refundable to clients.
11. Cancellation and Termination
Either party may terminate the broker-client relationship at any time with written notice. Termination does not affect:
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Your obligation to pay for services already rendered
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Insurance policies already in force (these remain valid until cancelled per policy terms)
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Our right to receive commissions on policies placed prior to termination
12. Intellectual Property
All content on this website, including text, graphics, logos, images, and software, is the property of Nord Young Risk Solutions, LLC or its content suppliers and is protected by copyright, trademark, and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works from any content on this website without our express written permission.
13. Website Use and Restrictions
You agree not to:
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Use this website for any unlawful purpose
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Attempt to gain unauthorized access to our systems or networks
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Interfere with or disrupt the website or servers
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Transmit viruses, malware, or other harmful code
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Harvest or collect information about other users
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Impersonate any person or entity
14. Third-Party Links
Our website may contain links to third-party websites or services. We are not responsible for the content, accuracy, or practices of these external sites. Your use of third-party websites is at your own risk and subject to their terms and conditions.
15. Data Security
While we implement reasonable security measures to protect your information, we cannot guarantee absolute security of data transmitted over the internet. You acknowledge and accept the inherent security risks of online communication. For more information on how we collect and use your data, please review our Privacy Policy.
16. Errors and Omissions Insurance
Nord Young maintains Errors and Omissions (E&O) insurance as required by applicable regulations. This insurance covers professional liability arising from our brokerage services, subject to policy terms, conditions, and exclusions.
17. Regulatory Compliance
Nord Young, LLC is licensed to conduct insurance brokerage business in the following states: Tennessee, Alabama, Mississippi, Louisiana, Texas, and South Carolina.
We comply with all applicable federal and state insurance regulations, including licensing requirements, disclosure obligations, and consumer protection laws.
18. Dispute Resolution and Governing Law
These Terms & Conditions are governed by the laws of the State of Tennessee, without regard to its conflict of law provisions. Any disputes arising from these Terms or our services shall be resolved through:
1. Good faith negotiation between the parties
2. Mediation, if negotiation fails
3. Binding arbitration in Knox County, Tennessee, if mediation fails
4. Litigation in the state or federal courts of Tennessee as a last resort
You agree to waive any right to a jury trial in any dispute arising from these Terms.
19. Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
20. Entire Agreement
These Terms & Conditions, together with our Privacy Policy and any written service agreements, constitute the entire agreement between you and Nord Young regarding your use of our website and services.
21. Amendments
We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting to this website with an updated "Last Updated" date.
Your continued use of our website or services after any changes constitutes acceptance of the modified Terms. We recommend reviewing these Terms periodically.
22. Contact Information
If you have questions about these Terms & Conditions, please contact us:
Nord Young, LLC
Email: richard.young@nordyoung.com
Phone: +1 (865) 243-1137
23. Acknowledgment
By using this website or engaging our services, you acknowledge that you have read, understood, and agree to be bound by these Terms & Conditions.
© 2026 Nord Young, LLC. All rights reserved.