NIG
Duke Street Capital founder could bid for Direct Line
The founder of Duke Street Capital has registered his interest once again in snapping up Direct Line, the Daily Telegraph has reported.
Direct Line insists brokers will see "no change" from NIG
Brokers will see "absolutely no change" in their dealings with NIG, Direct Line Group has insisted in the wake of its cost-cutting measures unveiled today.
Direct Line overcomes weather claims to post £135m profit
Direct Line Group overcame "worse-than-expected" home weather claims to post an operating profit of £135m during this year's second quarter.
Products: Aspen tackles underinsurance while NIG rolls out property owners product
Two insurers have targeted the property owners market recently. Aspen Risk Management highlighted that a key benefit of its new product was that it provided practical help in dealing with the growing issue of underinsurance.
Ex-RSA chief leading Direct Line bid
Andy Haste, former chief executive of RSA, is leading a private equity consortium making a bid for Direct Line Group.
NIG appoints new underwriting manager for Birmingham
NIG has appointed Paul Lovatt as area underwriting manager for its Birmingham office.
Axa scoops top spot in Brokerbility survey once again
Axa has topped Brokerbility's bi-annual insurer performance survey for the second successive time.
NIG targets North East expansion
NIG has moved to strengthen its proposition in the North East with two appointments to its team.
ebroking 2012: E-trading cannot replace broker service
Brokers must use e-trading as an extra tool, and not view it as a replacement for parts of their service, according to a panel discussion at the 2012 Insurance Age eBroking event.
NIG recruits underwriting chief in Scotland
NIG has appointed Neil Bowen as area underwriting manager (Scotland) with responsibility for underwriting across its commercial book.
NIG reveals profits in 2011 results
NIG has revealed that it made a profit after tax of £47.3m in the year to 31 December 2011, a reversal of the £78.8m the provider lost in 2010.
NIG continues regional BDM appointments
NIG has appointed a new business development manager for the East Anglia region to target the SME sector.
Products: NIG to undertake funeral director scheme’s underwriting
NIG has won the contract to underwrite the Lark Group’s SAIFInsure scheme from Axa.
Products roundup: Telematics take up gains pace
There were a wide range of products launched in the last month, with numerous markets catered for, from equine risks to vacant commercial properties.
NIG aims to expand in Scottish market
NIG plans to invest in its Scottish operation and grow its Glasgow-based team following feedback from brokers in the Scottish commercial and SME market.
NIG wins contract for funeral director scheme
NIG has won the tender to underwrite the insurance for Lark Group’s SAIFInsure scheme, taking over the contract from Axa.
MMA appoints BDM for North East
MMA Insurance has appointed Alexandra Thomson as business development manager for the North East working closely with the insurer’s regional office in Newcastle.
Arista makes fleet underwriting appointments
Arista Insurance has made two new appointments to its fleet team in Birmingham.
Purple signs up Oak and Rural to panel
Purple Partnership has teamed up with Oak and Rural Insurance to offer further mid to high net worth cover options along with an agricultural risk specialism to members.
Products: NIG fills a gap in its property owners insurance range
NIG has launched Essential Property Owners (EPO) cover, an SME-focused version of its Premium Property Owners (PPO) product.
Financial strength rating a priority when brokers assess insurers
Brokers are placing much greater emphasis on the credit ratings of the insurers they deal with, according to a recent survey by NIG.
RBSI reports jump in profit and improved COR
RBS Insurance has reported a combined operating ratio (COR) of 100% for the year ended December 2011, an improvement on its COR of 121% in 2010.
Broker satisfaction with insurers remains high, survey says
Broker satisfaction with insurers has remained stable over the past five years and seen an increase for commercial lines, according to an annual survey carried out by General Insurance Market Research within Aura (Gimra).
RBSI explains rebrand to Direct Line
RBS Insurance has confirmed recent press reports of its rebrand as Direct Line Group in preparation of its split from the banking arm of RBS.