NIG
Commercial grows at Direct Line as group falls to £45m loss
Direct Line grew commercial business across NIG and its own direct brands by 14.7% in 2022 to £749.3m of gross written premium.
Bravo unveils ‘biggest transformation’ in broker network trading for two decades
Bravo has hailed its latest launch as “the biggest transformation” to how broker networks add value for members in the past 20 years.
Former NIG boss Greenwood named Direct Line acting CEO as James steps down
Direct Line Group has appointed Jon Greenwood as acting CEO following Penny James stepping down from the permanent role with immediate effect.
Roll of honour - brokers reveal UK’s best commercial lines insurers
Exclusive research from Insurance Age places NMU first, with Covéa Insurance and CFC Underwriting in close contention, Rachel Goron reports.
Products: November 2022
Product launches including cover for smaller contractors, SME excess of loss, community enterprises and embedded scheme business
Focus joins forces with NIG to launch contractors liability facility
Specialist construction managing general agent Focus has teamed up with NIG to launch a contractors liability facility designed especially for smaller contractors.
Insurers and brokers pay their respects to Queen Elizabeth II
Insurance brokers and insurers have paid their respects following the death of Queen Elizabeth II yesterday.
Allianz tops Brokerbility insurer service survey
Allianz has been awarded the highest overall satisfaction rating with a score of 74.9% in the latest survey of members by Brokerbility.
NIG posts policy count and GWP rise for 2021
Owner DLG reported gross written premiums of £3.17bn with profit after tax of £343.7m.
Brokers praise insurer response to storms claims
Storms Dudley, Eunice, and Franklin could cost UK insurers more than £400m in claims, according to Moodys.
NIG grows 16.4% in H1 2021
Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.
Interview: Jaime Swindle - Bravo Networks
Managing director Jaime Swindle talks to Insurance Age about the network's newly created brand, details its new proposition, and explains why networks are an upward trend.
Commercial underwriting agency, CoSaint AG, goes live
The organisation has launched its first product for the motor trade combined market, backed by NIG and Covéa, and developed an online liability portal.
NIG sees premium growth in H1 as Direct Line posts profit fall
CEO Penny James comments on the provider's Covid-19 strategy as COR improves but in-force policies reduce.
Q&A: Polaris managing director Vivek Banga
Polaris celebrated 25 years last year and also had a MD change with Vivek Banga taking the top spot. Banga catches up with Jonathan Swift about the future of e-trade and the role brokers can play.
Profits fall at Direct Line in 2019
COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.
Direct Line’s Ipswich office to close amid redundancy plan
The provider confirmed that the Manchester office is also set to be down-sized as the insurer seeks to cut around 800 jobs due to digital drive.
C-Quence's P&C launch backed by NIG
Exclusive: The MGA will launch its P&C product suite in early March, aiming to eventually target 21 industry sectors.
Major insurers respond to Staveley Head collapse
Staveley Head, which was mainly backed by unrated provider Gefion, advertised major composites on its website. Most of these confirmed only a handful of policies with the broker.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Direct Line Group results outline £50m cost-cutting drive
Restructures costing the business £60m will also take place over the next two years.
NIG undergoes management reshuffle
Responsibility for e-trade will be handled in the regions after Swindle exit as further managers leave the provider.