NIG
RBSI businesses record sharp losses in 2010 as claims soar
Royal Bank of Scotland Insurance companies NIG, Churchill, Direct Line and UKI all suffered losses during 2010, latest accounts reveal.
LV Broker appoints Manchester boss
LV= Broker has confirmed Stuart Frost as manager of the Manchester branch.
Westinsure reveals SME insurer deals
Broker network Westinsure has secured a range of SME deals with insurers for members that currently transact more than £100m of business in the sector. The new deals are designed primarily to cover package and small combined products and offer a…
Westinsure launches SME initiative
Broker network Westinsure has launched an initiative to create a range of SME deals exclusively designed for its members, providing a combination of bespoke policy wordings, tailored service proposition and competitive ratings.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Biba 2011: Brokers back Biba and IIB as merger revealed
Moves by the British Insurance Brokers' Association and the Institute of Insurance Brokers to merge have been overwhelmingly backed by brokers.
NIG rebrands following regional restructure
Insurer NIG has unveiled a new logo and launched broker club NIG First after completing its regional restructure.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.
Broking supplement: Interview – David Flux: The lie of the land
Lured off of a tractor and into the family business with the promise of an extra £4-a-week, David Flux has worked his way to the top of the firm. He talks to Amy Ellis about life in the niche motor market.
People moves – 28 April 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 April 2011 edition of Post.
Regional review - Cardiff: a sleeping dragon?
Despite being the largest city in Wales, the Cardiff insurance sector faces daunting challenges in the future. Daniel Dunkley finds out how it plans to face them.
NIG boosts Leeds office
Senior underwriters have joined NIG’s Leeds office from Allianz, Brit and Towergate.
RBSI sale confirmed for H2 2012
At an Annual General Meeting with shareholders, Royal Bank of Scotland Chairman Sir Phillip Hampton has outlined the bank's insurance assets are to be sold in the second half of 2012.
NIG underwriter joins Plum
Household insurance specialist Plum Underwriting has hired two underwriters.
Solvency II drives Aviva restructure
Aviva is set to merge its 12 UK general insurance companies into one main UKGI insurance operation to comply with Solvency II.
NIG: we are not irresponsible
NIG has reiterated its claim that it is not guilty of irresponsible underwriting, despite complaints within the market that its rates have fallen by more than 30% following the launch of its 'Guarantee to Beat' price match deal.
Interview - Tom Cooper & Matt Munro: Spirit of Enterprise
Matt Munro and Tom Cooper appear to have theMidas touch, with start up Igo4 smashing its five-year plan. Jonathan Swift asks where they go from here.
Post history - five years ago: NIG senior management is finalised
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
NIG names regional underwriting boss
NIG has appointed Stuart Webb as head of regional trading.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
NIG launches combined product
NIG has launched a new commercial combined product to replace its existing traders combined product for new business, incorporates more than 80 changes to policy cover and limits.
Brit takeover to complete within two weeks
The takeover of Brit by Achilles is "ahead of schedule", with the deal expected to close in the next two weeks.
RBS Insurance records £295m loss and 115% COR in 2010
Royal Bank of Scotland Insurance has decribed 2010 as "a disappointing profit year", after reserve strengthening for bodily injury claims and severe weather, resulted in a loss of £295m (2009: £58m profit) and a combined opertaing ratio of 115% (2009:…