NIG creates new role
Broker-only insurer NIG has appointed its former finance director, Michael Rea, to the new role of director of NIG. The appointment follows the restructure of RBS Insurance which saw Charles Crawford, managing director of NIG moved to become managing director of partnerships and brokers.
Novae liability move
Novae is to write new international liability business after hiring two underwriters from rivals. Mark Davies will join from Limit where he is a class underwriter for international liability, while Rupert Taylor joins from Ace Europe where he currently writes a US-focused liability book.
Open GI Imarket launch
Open GI announced that its Tradesman product would be the latest commercial product to be integrated with Imarket. Groupama will be the first to launch Tradesman with Open GI brokers during the spring.
Budget Peterlee growth
The Budget Group opened an additional contact centre in Peterlee, creating 600 jobs. It will support its growth plans and service its affinity partners.
Stuart Alexander online
Broker Stuart Alexander is to launch a major marketing campaign to underline the launch of a series of products online.
Hyperion profit ranking
The Hyperion Insurance Group reached No 32 in Britain's top 100 private equity-backed companies league table with the fastest growing profit.
Allianz excess of loss
Allianz Cornhill Commercial launched excess of loss, aimed at businesses that require a 'top-up' on their public liability cover.