Brokers warn RSA not to lose NIG’s ‘sparkle’ in takeover as market diversity diminishes

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Brokers have expressed their sadness at losing another market, but acknowledged the proposed takeover of NIG by RSA could be superb for both parties – provided the integration is handled properly.

The deal for RSA to buy Direct Line Group’s brokered commercial lines operations, including NIG and FarmWeb, for £520m has been agreed by both boards and will be put to a DLG shareholder vote in October.

The transaction will result in the transfer of renewal rights, brands, 800 employees, and systems to RSA, adding around £530m of gross written premium to the buyer.

“While the merging of the two good markets into one is a sad day for brokers and commercial clients alike, let’s hope the upside

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