St Paul snaps-up NU portfolio.

St Paul has bought the renewal rights to Norwich Union's professional indemnity portfolio. The busin...

St Paul has bought the renewal rights to Norwich Union's professional
indemnity portfolio. The business is believed to be worth in the region of
£15m.


Under the agreement, St Paul will provide renewal quotations for NU's
existing customers as well as a PI and directors and officers facility for
NU's key commercial brokers. St Paul will become NU's recommended PI
insurer. The agreement will take effect for renewals at the end of the
year, with NU commercial brokers being contacted by St Paul at this

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

TBIG invests in Deva

The Broker Investment Group has taken a minority 49% stake in Chester-headquartered Deva Risk Group in its sixth deal of the year.