NIG
Market moves: Spring comes early for insurers
Following a strong week for managing general agents, insurers were the main recruiters this week as the market begins its move into the spring.
Sterling targets northern presence with Manchester office opening
Sterling Insurance has today revealed that the new team that will run its northern office in Manchester will be led by former NIG and Travelers underwriting manager Martin Kerrison.
RBSI rebrands as Direct Line
Companies House files have revealed that RBS Insurance Group has changed its name to one of its most recognisable brands, Direct Line Insurance Group.
NIG appoints ex-Axa regional boss to round off recruitment drive
NIG has concluded its nationwide area business development manager recruitment drive with the capture of former Axa regional director Warren Bainbridge.
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.
NIG launches property owners product
NIG has introduced a new product for commercial property owners after identifying a gap in the market.
Towergate explains Allianz deal
Towergate’s CEO of commercial underwriting has explained to Post why RSA, Aviva, Ageas and NIG who were previously on the panel, have been dropped.
NIG brings risk management in-house
Commercial insurer NIG has brought the remaining part of its risk management process from small businesses in-house.
NIG boosts SME push with EIS contract win
Bosses at NIG have vowed to support “ambitious” growth for 2012 after winning the contract to underwrite the multi-million pound gross written premium core business of Event Insurance Services.
Editor's comment: Battle of the brands
From scrap yards to scrap heaps. Last week, the industry was getting agitated about the soaring problem of metal theft, while this week it’s more a sad tale of two well-known insurance names finding themselves destined only for the brand graveyard.
Growth in green energy prompts Rural to enter market
Specialist agricultural insurer Rural, part of UKGI, is the latest business to launch a suite of green insurance products to meet the growing demand for cover from farmers investing in renewable energy schemes.
RBSI appoints former British Gas rebranding guru
Rick Vlemmiks is set to join RBS Insurance as chief marketing officer, UK & International.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
Interview - Edward Fitzmaurice: Broking promises
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
NIG names three in SME push
Broker-only commercial insurer NIG has appointed area business development managers at its regional headquarters in Bristol, Maidstone and Watford.
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
Fire protection sprinklers: The market needs saturating
Despite research showing sprinklers significantly reduce economic damage and environmental impact following major fires, hopes for mandatory legislation remain low.
Darwin Clayton announces new MD
Tunbridge Wells-based schemes broker Darwin Clayton has appointed Simon Henderson as managing director.
Market moves: Setting the trend
Insurer MMA was the main recruiter this week, with the firm naming five new staff across its regional office network. The moves set the trend among fellow underwriters, with high-profile appointments at Groupama, DAS and for Markel’s fledging operation…
Insurer regionalisation: Spreading your wings
A number of industry players have recently bucked the trend of rationalising, to open new regional bases. Is localism a pasing fad or here to stay?
Geddes says RBSI won't "crack open the champagne" just yet
Bosses at RBS Insurance have attributed a dramatic third quarter operating profit turnaround of £615m over the past 12 months to a combination of factors, including an exit from broking personal lines and general business re-pricing.
RBSI sees slight dip in profit Q2 to Q3, but happy with performance YTD
Royal Bank of Scotland Insurance this morning reported an underwriting profit of £761m in 2011 to date - an increase of £591m versus September YTD 2010.