NIG
2010 review: A year of living cautiously
The economy grew, rival political parties unexpectedly started working together and personal lines rates even hardened, although plenty of surprises and setbacks meant that 2010 was far from plain sailing, writes Andrew Tjaardstra.
ECIC appoints new underwriting manager
The Electrical Contractors’ Insurance Company has announced the appointment of Agneta Desouza as underwriting manager, reporting to chief underwriting officer, Richard Forrest-Smith.
Willis Networks appoints regional MDs
Willis Group Holdings has announced the appointment of two new regional managing directors for Willis Networks.
Viewpoint: Time to put things right
With poor motor results continuously dismissed as being due to external factors, David Vine asks why insurers choose to ignore the evidence that would enable accurate pricing and, in turn, profit.
Aritsa targets South Wales growth with new hire
Commercial lines underwriting specialist Arista Insurance has appointed Mark Chichester as senior underwriter to help develop the South Wales market and enhance its technical proposition to brokers in the area.
NIG appoints two underwriting managers
NIG has appointed two new underwriting managers for their motor trade and property owners lines of business.
Market Moves
A monthly look at who is moving where...
NIG business to be exempt from further RBSI office closures
Royal Bank of Scotland Insurance (RBSI) has assured brokers that NIG will not be impacted by recent office closure plans.
Home & Legacy joins growing online mid-net-worth sector
Brokers having to work harder than ever to retain MNW clients, according to Home & Legacy.
Arista raids NIG for senior underwriter in Leeds
Commercial lines underwriting specialist Arista Insurance has appointed former NIG senior business development manager, Steve Ford, as senior underwriter for the Leeds area.
Editor's comment: The motor market is shot
A senior industry figure told me this month that it is the "worst time" in the history of the motor market for insurers. A pile of news has confirmed this, including RBS's loss of over £200m in its first-half results, Equity's reserving issues and NIG…
NIG exit sparks RSA return to personal lines
RSA has expressed a renewed appetite for personal lines business after admitting it had previously been "deliberately underweight" in this area.
NTR pilot to ease complex business underwriting
Broker Network is piloting a network trading room (NTR) environment that aims to allow members to place complex commercial risks.
Arista boosts Bristol team with hires from Chartis, NIG and Axa
Commercial lines underwriting specialist Arista Insurance has made three appointments to further strengthen its Bristol office.
PB Week: Thinking about motor rates
Further to the news that car insurance premiums have jumped 14.2% in the second quarter 2010 it was interesting to note NIG's recent announcement that they were changing their strategy and moving away from the personal lines market, writes Paul Muir,…
NIG launches property policy
NIG has launched its new Premier Property Owners product to a panel of up to 40 brokers.
News review: July 2010
A review of July's industry news.
NIG's personal lines exit to impact around 3,000 brokers
About 3,000 brokers will be affected by NIG's decision to exit the personal lines market and focus solely on commercial business.
NIG pulls personal lines
Royal Bank of Scotland insurer NIG has outlined plans to close its personal lines division and focus solely on commercial business
News round-up: July/August 2010
A brief round up of news from the secto.
NIG launches property owners product
NIG aims to be "first choice" for brokers with its new Premier Property Owners product.
Product launches: NIG revamps packaged suite
NIG has relaunched its package products suite within its NIG Network broker system, with revamped offerings, a new professionals solution and an improved quote system that aims to generate more competitive pricing.
NIG enhances package products
NIG has relaunched its package products suite within its NIG Network broker system, with revamped products, a new ‘professionals’ product and an enhanced quote system.
NIG raids Zurich for new head of key accounts
Insurer NIG has appointed Chris Woollam as head of key accounts. Reporting to NIG’s director of sales and distribution, Dave Parry (pictured), he will be responsible for developing the key account proposition and distribution strategies and managing the…