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Brokers and tech experts gathered in Stansted last month to learn how the sector could embrace digital and put itself at the forefront of technological change at Insurance Age's inaugural Digital Broker day.
To read the full article p...Read more
A growing number of tools at their disposal means a revolution is going on among commercial lines brokers.
Experts in the insurance market explained that commercial e-trading has evolved to go beyond quote and buy.
Steve Scott, NIG's...Read more
Steve Scott, NIG's Director of Broker Markets, spoke with Insurance Times about what NIG's 'First Club' broker members have exclusive access to.
Click here to read the full column
To read the full article please refer to the 10th Jun...Read more
The rise and rise of eTrading
Quality cover and customer service have always been at the heart of our industry. With the advances in technology and the increasing acceptance of eTrading, it’s an especially exciting time.
From push to ...Read more
Who are the leaders in broker e-trading? According to our survey of 261 brokers, NIG came out top. Brokers always stress that they need plenty of choice in the marketplace, so it's positive that NIG is performing so well. There has been ...Read more
NIG has been voted as the top performing insurer for Broker eTrading in the inaugural 2015 Insurance Times eTrade Broker Insight Survey which was published this week. NIG came number 1 in 8 out of the 10 categories that matter most to ...Read more
An avid sailor and champion of all things digital, the career of NIG’s Director Broker eTrade, Jaime Swindle, has tracked the rise of e-trading. To read the full interview, please click here.
The inaugural Insurance Times Broking in the Motor Revolution conference, sponsored by NIG, discussed the future of the motor broker and how the industry could deal with the challenges of regulation and the opportunities of new technol...Read more
Speaking to Insurance Times, NIG's Director Broker eTrade, Jaime Swindle, provides an expert view on telematics role in the commercial market.
"It was great to be a part of the debate at the inaugural Insurance Times Broking in the M...Read more
Justin, who has 17 years’ experience working in insurance, joined Direct Line Group in 2007 from AXA where he held roles managing motor actuarial and technical pricing teams.
His new role will see him responsible for the implementatio...Read more
Towergate-owned broker to work with NIG on product tailored for classic motor trade customers.Footman James is to work with NIG to offer a new product to its classic motor vehicle trade customers.
The Towergate-owned broker, which speci...Read more
NIG has expanded its Tradesman product to quote for the majority of Northern Ireland postcodes.The product is now available in the region through PowerPlace.The change comes as part of a re-write of NIG’s Tradesman product, which also in...Read more
Swindle was instrumental in creating NIG’s eTrade platform, TheHubRead more
NIG and AXA have soared in the estimations of brokers according to Insurance Times’ seventh Broker Service Survey.
The survey asked brokers to rank insurers and underwriting agencies on seven key service areas – ease of access to decision makers, underwriting expertise and flexibility, fairness of claims settlement, speed of settlement, clarity of policy wording, speed of documentation delivery and quality of cover.
Sterling held onto its crown in this year’s broker service survey for commercial lines. Underneath, Hiscox overtook Chubb for second place and NIG soared up the rankings to snap at the heels of the top three.
There was change at the top for personal lines too...
FCA reveals plans for review into conflicts of interest at inaugural Three Rs regulation event, brokers find out about the latest technological advances at e-broking 2013 and getting ready for Broker Expo South and the UK Broker Awards
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.Read more
Ben Thornton explains how ‘man and machine’ can work in harmony, even for more complex trades
There’s no doubt e-trading is here to stay. In fact, these days every leading insurer has its own e-trading proposition and with it their own online trading platform. And as the technology and functionality of these systems become increasingly sophisticated, so the ability to trade ever more complex risks increases.
NIG has launched a new e-trade offering for its First Club and top e-trading brokers.
NIG launches premium service for top e-trading brokers Read more
NIG launches hub for top e-trading brokers Read more
Almost a third of UK hotels and catering firms are looking to cut costs due to the rising prices of raw materials, according to new research.
A study by commercial insurer NIG has found that one in 10 businesses are worried they may nowRead more
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 ...Read more
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 dependen...Read more
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 business...Read more
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...Read more
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 s...Read more
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 an...Read more
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 ...Read more
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 s...Read more
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...Read more
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 ...Read more
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 ...Read more
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, th...Read more
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 c...Read more
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-si...Read more
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, publ...Read more
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 ...Read more
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 ...Read more
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...Read more
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, acc...Read more
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...Read more
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.Large...Read more
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 r...Read more
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 cost...Read more
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 mat...Read more
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
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 ...Read more
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...Read more
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.
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...Read more
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 ...Read more
• 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...Read more
• 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...Read more
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...Read more
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...Read more
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 ...Read more
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...Read more
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...Read more
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...Read more