NIG opts for outsourcing.

NIG is to outsource the administration of its personal lines instalment scheme to Finsure, its premi...

NIG is to outsource the administration of its personal lines
instalment scheme to Finsure, its premium finance subsidiary. The change
will be seamless to brokers, with NIG branding remaining in place and
procedures for placing direct debit business with NIG as before. Any
affected staff have been transferred to Finsure. Phil Bunker, NIG's
managing director, said: "It makes sense for brokers to outsource their
direct debit collection facility."


Contact: NIG 020 7656 6000.

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

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