NIG to create senior business development roles

light-through-cloud

NIG will create senior business development manager (SBDM) roles to replace the broker-facing positions set to be lost as part of parent Direct Line Group's cost-cutting drive.

In September, the group revealed the proposed redundancy of almost 900 staff as part of the ‘first phase' to make £100m gross annual cost savings by 2014.

Market sources have indicated that between 15 and 25 business development managers (BDM) will be made redundant at NIG next month.

However, Insurance Age understands that to compensate for the losses NIG will also create a number of SBDM roles.

It is hoped the new roles will offset the loss of the BDMs with the SBDMs handed more responsibility

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

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

SRG buys broker R3

Specialist Risk Group has bought specialist insurance broker, R3, its eleventh acquisition of the year.

Broking Success: Bletchley’s Angela Irvine

Angela Irvine, sales director of Bletchley, outlines how the Birmingham-based broker is looking to build on its solid foundations whilst its independent status is unlikely to change anytime soon.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: