NIG
NIG targets North East expansion
NIG has moved to strengthen its proposition in the North East with two appointments to its team.
ebroking 2012: E-trading cannot replace broker service
Brokers must use e-trading as an extra tool, and not view it as a replacement for parts of their service, according to a panel discussion at the 2012 Insurance Age eBroking event.
NIG recruits underwriting chief in Scotland
NIG has appointed Neil Bowen as area underwriting manager (Scotland) with responsibility for underwriting across its commercial book.
NIG reveals profits in 2011 results
NIG has revealed that it made a profit after tax of £47.3m in the year to 31 December 2011, a reversal of the £78.8m the provider lost in 2010.
NIG continues regional BDM appointments
NIG has appointed a new business development manager for the East Anglia region to target the SME sector.
Products: NIG to undertake funeral director scheme’s underwriting
NIG has won the contract to underwrite the Lark Group’s SAIFInsure scheme from Axa.
Products roundup: Telematics take up gains pace
There were a wide range of products launched in the last month, with numerous markets catered for, from equine risks to vacant commercial properties.
NIG aims to expand in Scottish market
NIG plans to invest in its Scottish operation and grow its Glasgow-based team following feedback from brokers in the Scottish commercial and SME market.
NIG wins contract for funeral director scheme
NIG has won the tender to underwrite the insurance for Lark Group’s SAIFInsure scheme, taking over the contract from Axa.
MMA appoints BDM for North East
MMA Insurance has appointed Alexandra Thomson as business development manager for the North East working closely with the insurer’s regional office in Newcastle.
Arista makes fleet underwriting appointments
Arista Insurance has made two new appointments to its fleet team in Birmingham.
Purple signs up Oak and Rural to panel
Purple Partnership has teamed up with Oak and Rural Insurance to offer further mid to high net worth cover options along with an agricultural risk specialism to members.
Products: NIG fills a gap in its property owners insurance range
NIG has launched Essential Property Owners (EPO) cover, an SME-focused version of its Premium Property Owners (PPO) product.
Financial strength rating a priority when brokers assess insurers
Brokers are placing much greater emphasis on the credit ratings of the insurers they deal with, according to a recent survey by NIG.
RBSI reports jump in profit and improved COR
RBS Insurance has reported a combined operating ratio (COR) of 100% for the year ended December 2011, an improvement on its COR of 121% in 2010.
Broker satisfaction with insurers remains high, survey says
Broker satisfaction with insurers has remained stable over the past five years and seen an increase for commercial lines, according to an annual survey carried out by General Insurance Market Research within Aura (Gimra).
RBSI explains rebrand to Direct Line
RBS Insurance has confirmed recent press reports of its rebrand as Direct Line Group in preparation of its split from the banking arm of RBS.
RBSI rebrands as Direct Line
Royal Bank of Scotland Insurance (RBSI) Group has rebranded as Direct Line Insurance Group and changed its status from a private company to a public one.
NIG appoints former Axa regional director to lead in Manchester
NIG has appointed Warren Bainbridge as area business development manager (ABDM) for its Manchester office with business development responsibility for the Greater Manchester region as well North Wales, Merseyside and Lancashire.
NIG rolls out new property cover
NIG has launched Essential Property Owners’ (EPO) cover, an SME-focused version of its Premium Property Owners’ (PPO) product.
Towergate reveals capacity deals with Brit and Allianz
Towergate Commercial Underwriting (TCU) has announced a five-year capacity deal with Allianz providing 70% and Brit the remaining 30%.
Where now for Groupama et al?
So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…
NIG wins events underwriting contract from Axa
NIG has won the contract to underwrite the core business of Event Insurance Services (EIS) from incumbent provider, Axa.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.