Latest News

To access the latest news updates regarding NIG please visit the corresponding links.

Insurance Age - TheHub eXtra

17
Jun

Author: Caitlin Morrison Source: Insurance Age | 13 Jun 2013 NIG has launched a new e-trade offering for its First Club and top e-trading brokers.The insurer stated that TheHub eXtra was created using feedback from brokers and will gi...
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Insurance Times - TheHub eXtra

17
Jun

NIG launches premium service for top e-trading brokers 13 June 2013 | By Newsdesk Users of TheHub eXtra will get first access to new products NIG has launched a range exclusive services for its largest e-trading brokers and First Club m...
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Post Online - TheHub

17
Jun

  NIG launches hub for top e-trading brokers 13 Jun 2013 By Carolina Parra-Serrano Commercial insurer NIG has launched The Hub Extra, a range of exclusive services, resources and dedicated support from NIG’s First Club and largest e-tra...
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Price hike of raw materials affects UK hotels and catering industry - Travel and Tour World

06
Jun

Almost a third (30%) of hotels and catering firms in the UK are looking to cut costs due to the rising prices of raw materials, according to research by NIG, a leading commercial insurer. One in 20 hotels and catering firms (5%) in the ...
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UK Retailers Battling Against Rising Costs of Raw Materials - Craft Business

06
Jun

By Zoe Monk One in four (25%) retail businesses in the UK are considering cutting costs to cater for the rising prices of raw materials, according to research carried out by commercial insurer NIG.The research, which surveyed businesses...
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UK manufacturers looking to cut costs due to raw material price rises - Manufacturing & Logistics IT

06
Jun

Over two-fifths of UK manufacturing firms (43%) have warned that they are considering cutting costs to counter the rising prices of raw materials, according to research from NIG, the commercial insurer1. In an industry highly dependent ...
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Cost of raw materials hitting UK hotels and catering industry - Breaking Travel News

06
Jun

Almost a third (30%) of hotels and catering firms in the UK are looking to cut costs due to the rising prices of raw materials, according to research by NIG, a leading commercial insurer.One in 20 hotels and catering firms (5%) in the U...
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UK retailers battling against rising costs of raw materials - The Retail Bulletin

05
Jun

Latest research has shown that one in four companies in the retail and distribution sectors in the UK are considering cutting costs to counteract the rising prices of raw materials. The study by commercial insurer NIG, which surveyed bu...
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Cost of raw materials hitting UK hotels and catering industry - Leisure Daily

05
Jun

Nearly a third (30%) of hotels and catering firms say they could cut costs due to rising price of raw materials1One in 20 (5%), equivalent to 6,000 firms, warn they may change processes and/or services Almost a third (30%) of hotels and...
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UK Retailers battling against the raising costs of raw materials - International Supermarket News

05
Jun

One in four (25%) firms in the UK retail and distribution sector are considering cutting costs to cater for the rising prices of raw materials, according to research carried out by leading commercial insurer NIG1. The research, which su...
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Raw material prices 'forcing 1 in 4 SMEs to cut costs' - EN for Business

05
Jun

Raw material prices 'forcing 1 in 4 SMEs to cut costs'More than a quarter (28 per cent) of SMEs - and 46 per cent of larger firms - are being forced to cut costs because of rising prices for raw materials, according to a new poll.The su...
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UK retailers may have to cut costs due to raw material price rises, insurer finds - Retail Times

03
Jun

Fiona Briggs Monday 3rd June 2013 One in four (25%) firms in the UK retail and distribution sector are considering cutting costs to cater for the rising prices of raw materials, according to research carried out by leading commercial in...
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UK manufacturers cutting costs due to higher raw material prices - The Manufacturer

01
May

A raw material and effluent storage facility. 43% of companies surveyed said they are considering cutting back due to the rising costs of raw materials.Over two-fifths of UK manufacturing firms are considering cutting costs due to the r...
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NIG LAUNCHES NEW E-TRADING PLATFORM

28
Jan

Commercial insurer NIG has launched TheHub, a full-cycle eTrading platform for commercial brokers. Building on NIG’s reputation for eTrading and following recent investment in technology, TheHub represents a step-change in functionality ...
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Are raw materials prices damaging your business? Ingenious Business

11
Jan

10 January, 2013 17:15 Many small and medium-sized enterprises (SMEs) in the UK are struggling under the increasing pressure of rising raw material costs. With so many firms trying to make ends meet in a difficult economic climate, the ...
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Rising costs a problem for UK SMEs - Taylor Roberts

18
Dec

Rising costs a problem for UK SMEsFiled under: Small Business written by Mark on December 18, 2012As the cost of raw materials continues to soar, UK small and medium enterprises have to cut costs in other aspects of their business to co...
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SME's battle the raising costs of raw materials - Is4Profit

13
Dec

UK SMEs are battling against the rising cost of raw materials and the only way to win is by cutting costs. More than one in four (28%) SMEs are having to cut costs because of the rising price of raw materials. Some small and medium-size...
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SMEs suffer spiralling commodity costs - Supply Management

12
Dec

12 December 2012 | Anna Reynolds More than a quarter (28 per cent) of UK SMEs are looking to cut costs as the price of raw materials spirals, according to commercial insurer NIG.The study of 500 businesses found larger companies with an...
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SMEs have to cut costs to cope with commodity price hikes - Small Business.co.uk

12
Dec

According to research commissioned by commercial insurer NIG, some 16 per cent of all small and medium-sized enterprises (SMEs) in the UK are also considering altering business processes or products as a way of dealing with the upward t...
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Global reports warn of resource crunch - Green Intelligence

12
Dec

Global reports warn of resource crunch A series of new international reports released in the last few days have warned that the world faces unprecedented threats from resource scarcity and rising energy costs.Consultancy firm, PwC, publi...
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Raw material costs hitting manufacturers hard - Skipton Business Finance

11
Dec

UK manufacturers are looking to cut costs in order to cope with increasing expenditure on raw materials, new research by NIG has revealed.    43% of manufacturers are considering cutting costs further at a time when many have already st...
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NIG says firms hit by raw material costs - Huddersfield Daily Examiner

11
Dec

NIG says firms hit by raw material costsby Henryk Zientek, Huddersfield Daily ExaminerMORE than one in four UK businesses – equivalent to 480,000 firms – are considering cutting costs to cater for the rising costs of raw materials, acco...
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UK SME's under threat from resources crunch - Greenwise Business

11
Dec

11th December 2012 The lifeblood of the UK economy – Britain’s small to medium-sized enterprise (SME) – is feeling the pressure of increasing costs of raw materials, with more than one in four SMEs facing cost-cutting measures because o...
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More than one in four SMEs have to cut costs due to rising price of raw materials - SME Web

10
Dec

Monday, 10 December 2012 12:43 UK manufacturers are particularly affected, according to the research.Over one in four UK businesses – equivalent to 480,000 firms – are considering cutting costs to cater for the rising costs of raw mater...
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Raw materials prices force SME's to cut costs - BDaily

10
Dec

The rising cost of raw materials has become a burden for small and medium-sized businesses in the UK, according to research carried out by commercial insurers NIG.Over a quarter of businesses in the UK said they were forced to cut costs...
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One in four companies squeezed by raising raw materials costs - Smarta

10
Dec

Feeling the squeeze from your raw materials costs going up? You're not alone. More than one in four small and medium-sized businesses are being forced to cut costs from elsewhere in the business to compensate for the rising prices of ra...
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Uk SME's battling against raising costs of raw materials - News Insurances

10
Dec

George Stobbart Over one in four (28%) UK businesses – equivalent to 480,000 firms – are considering cutting costs to cater for the rising costs of raw materials, according to research commissioned by NIG, the commercial insurer.Larger ...
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NIG commits to second year of first future leaders program

07
Dec

  First Future Leaders initiative focused on developing 'star' broker talent Women accounted for nearly half (42%) of the intake for 2012 Two-thirds of brokers (66%) canvassed by NIG said there is a real need for First Future Leaders ...
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NIG appoints new Area Underwriting Manager for Birmingham

18
Jul

Paul Lovatt brings over 20 years' experience to NIG NIG, the leading commercial insurer, has appointed Paul Lovatt to the key post of Area Underwriting Manager (AUM) for its Birmingham office. Paul has worked in the insurance industry ...
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NIG rolls out Essential Property Owners to select broker partners

16
Jul

EPO is specifically designed to cater for the SME segment Wider roll-out follows initial six-month period of exclusivity with specific group of brokers including NIG First NIG, the leading commercial insurer, has begun offering its Ess...
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NIG moves to strengthen North East proposition

12
Jul

NIG recruits two highly qualified staff to boost capability in the North East Commercial insurer NIG has moved to strengthen its proposition in the North East with the appointment of two highly qualified individuals to its team. Michae...
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NIG appoints new Area Underwriting Manager for Scotland

27
Jun

Neil Bowen brings 20 years' experience of the Scottish market to NIG Appointment is part of NIG's commitment to grow its Scottish book NIG, the leading commercial insurer, has appointed Neil Bowen to the key post of Area Underwriting M...
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NIG appoints Senior BDM for East Anglia

21
May

Gill Moakes joins from insurance broker Scrutton Bland Appointment continues NIG's drive to strengthen its regional offices Commercial insurer NIG is continuing to strengthen its regional offices with the appointment of Gill Moakes as ...
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NIG targets SME opportunities in Scotland

10
Apr

• Leading broker-only insurer to boost number of underwriters in Glasgow office • Broker feedback advises that the Scottish SME market is underserved • Sample survey of key brokers in Scotland places property/landlord, fleet and trades...
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NIG wins contract to underwrite SAIFinsure scheme

10
Apr

• NIG takes over from incumbent AXA Insurance • Aspires to double the value of the scheme in the next 24 months NIG has won the tender to underwrite the insurance for the SAIFInsure Scheme of London-based Lark (Group) Limited. The SAIFI...
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Our Insurer Financial Strength Ratings

28
Feb

At the end of 2011 RBS Insurance merged its separate underwriting companies, which included NIG, into a single entity, U K Insurance Ltd (UKI). We are pleased to announce that UKI has since received the following inaugural financial stre...
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Financial strength becomes key for commercial brokers

28
Feb

NIG survey of commercial brokers underlines importance of insurer ratings 84% said ratings now the most significant headline metric when evaluating an insurance firm; followed by a solvency calculation (41%) 85% said that a high rati...
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NIG appoints BDM head for Manchester office

07
Feb

Warren Bainbridge joins from AXA Appointment completes NIG's top-level UK business development line-up Commercial insurer NIG has completed its UK-wide Area Business Development Manager (ABDM) recruitment drive with the appointment of ...
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NIG Launches Essential Property Owners Product

01
Feb

New product release assisted by broker feedback Specifically aiming to cater for the SME segment Targeting a market estimated to be worth £1bn p/a in gross written premium Leading commercial insurer NIG has introduced a new product fo...
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NIG Brings Risk Management Process Fully In-House to be Closer to Brokers and SME Customers

25
Jan

NIG unveils its new Survey Support Team to manage future risk improvement requirements. Leading commercial insurer NIG is to bring the remaining part of its risk management process in-house to better meet one of the firm's core business...
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NIG Wins Contract to Underwrite Events Insurance Services

12
Jan

Hampshire-based EIS is the UK's leading intermediary focused on insuring all types of events. Leading commercial insurer NIG has won the contract to underwrite the multi-million GWP core business of Event Insurance Services Ltd (EIS), t...
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