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Latest News

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

NIG promotes Jaime Swindle to director of eTrade

 
29
Nov

Swindle was instrumental in creating NIG’s eTrade platform, TheHub
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NIG and AXA climb the Broker Service Survey rankings

Insurancetimes Logo BIG BLACK
 
25
Nov

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.
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Revealed: The risers and fallers in the Broker Service Survey

Insurancetimessurvey
 
25
Nov

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...
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Events roundup: Brokers learn the Three Rs at regulation event

Insurance Age
 
05
Aug

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
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Hospitality & Catering News - Cost of raw materials hitting UK hotels and catering industry

Hospitality & Catering News
 
19
Jul

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.
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Insurance Age - Man and machine

Insurance Age
 
02
Jul

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.
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Insurance Age - TheHub eXtra

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17
Jun

NIG has launched a new e-trade offering for its First Club and top e-trading brokers.
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Insurance Times - TheHub eXtra

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17
Jun

NIG launches premium service for top e-trading brokers
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Post Online - TheHub

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17
Jun

NIG launches hub for top e-trading brokers
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Big Hospitality - Hospitality businesses warned about dangers of rising costs of raw materials

Big Hospitality
 
14
Jun

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 now
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Cost of raw materials hitting UK hotels and catering industry - Breaking Travel News

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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 manufacturers looking to cut costs due to raw material price rises - Manufacturing & Logistics IT

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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 dependen...
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UK Retailers Battling Against Rising Costs of Raw Materials - Craft Business

Craft Business Logo
 
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 business...
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Price hike of raw materials affects UK hotels and catering industry - Travel and Tour World

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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 the raising costs of raw materials - International Supermarket News

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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 s...
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Cost of raw materials hitting UK hotels and catering industry - Leisure Daily

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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 an...
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UK retailers battling against rising costs of raw materials - The Retail Bulletin

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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 ...
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Raw material prices 'forcing 1 in 4 SMEs to cut costs' - EN for Business

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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 s...
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UK retailers may have to cut costs due to raw material price rises, insurer finds - Retail Times

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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...
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UK manufacturers cutting costs due to higher raw material prices - The Manufacturer

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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 ...
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NIG LAUNCHES NEW E-TRADING PLATFORM

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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

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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, th...
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Rising costs a problem for UK SMEs - Taylor Roberts

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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 c...
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SME's battle the raising costs of raw materials - Is4Profit

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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-si...
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Global reports warn of resource crunch - Green Intelligence

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, publ...
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SMEs have to cut costs to cope with commodity price hikes - Small Business.co.uk

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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 ...
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SMEs suffer spiralling commodity costs - Supply Management

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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 ...
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UK SME's under threat from resources crunch - Greenwise Business

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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...
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NIG says firms hit by raw material costs - Huddersfield Daily Examiner

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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, acc...
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Raw material costs hitting manufacturers hard - Skipton Business Finance

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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...
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Uk SME's battling against raising costs of raw materials - News Insurances

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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.Large...
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One in four companies squeezed by raising raw materials costs - Smarta

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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 r...
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Raw materials prices force SME's to cut costs - BDaily

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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 cost...
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More than one in four SMEs have to cut costs due to rising price of raw materials - SME Web

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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 mat...
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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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