NIG
NIG: we are not irresponsible
NIG has reiterated its claim that it is not guilty of irresponsible underwriting, despite complaints within the market that its rates have fallen by more than 30% following the launch of its 'Guarantee to Beat' price match deal.
Interview - Tom Cooper & Matt Munro: Spirit of Enterprise
Matt Munro and Tom Cooper appear to have theMidas touch, with start up Igo4 smashing its five-year plan. Jonathan Swift asks where they go from here.
Post history - five years ago: NIG senior management is finalised
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
NIG names regional underwriting boss
NIG has appointed Stuart Webb as head of regional trading.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
NIG launches combined product
NIG has launched a new commercial combined product to replace its existing traders combined product for new business, incorporates more than 80 changes to policy cover and limits.
Brit takeover to complete within two weeks
The takeover of Brit by Achilles is "ahead of schedule", with the deal expected to close in the next two weeks.
RBS Insurance records £295m loss and 115% COR in 2010
Royal Bank of Scotland Insurance has decribed 2010 as "a disappointing profit year", after reserve strengthening for bodily injury claims and severe weather, resulted in a loss of £295m (2009: £58m profit) and a combined opertaing ratio of 115% (2009:…
LV turnaround is almost complete, says O'Roarke
LV general insurance managing director John O'Roarke has revealed the task of turning around the business he joined in 2006 is "90% completed", as the firm saw a £33m increase in profit for 2010.
LV looks to NIG for Manchester boss
LV has confirmed the appointment of NIG regional business development manager Stuart Frost to lead its Manchester branch.
Ageas strengthens commercial broker team
Ageas has appointed three new broker account executives to cover the North east, East and West Midlands, and South west.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Editor's comment: The sales are still on
Christmas and the new year may have come and gone but with many retailers it appears that the sales are no longer specific to certain times of the year.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Editor’s comment: Pioneering times
It is somewhat fitting that Post includes an interview with Hiscox chairman Robert Hiscox in the same week that Royal Bank of Scotland Insurance announces its plan to make a play for one his firm’s traditional heartlands, the mid and high-net-worth space…
Arista adds former Chartis manager to liability team
Commercial lines MGA Arista Insurance has appointed Tony Collman as head of liability underwriting.
Brokerbility adds to management team
Broker network Brokerbility has appointed David McCallum to oversee the group’s future development initiatives.
Devitt eyes renewed affinity push after MBO from RBSI
Motorcycle broking specialist Devitt has targeted a return to the broader affinity market following its management buyout from Royal Bank of Scotland Insurance.
RBS Insurance sells broker arm Devitt to management team
RBS Insurance has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
Postscript - 10 years ago: Credit Suisse denies UK insurer sale
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Ex-NIG head Timberlake joins QBE
QBE has appointed Cath Timberlake to the role of commercial manager of the Leeds office.
NIG restructures risk team
NIG has ramped up its risk control division with the creation of five area surveyor roles to manage its UK operations.
Penny Black's insurance week
Penny and her colleagues were out and about on the town last week with the NIG executive, apart from poor managing director Jon Greenwood who has been struck down with glandular fever.