NIG has recorded a significant increase in profits, posting a rise in pre-tax profits of £14.2m
In its latest report NIG generated gross written premiums of £758m from £496m, a rise of 53%.
Prof ...
NIG has recorded a significant increase in profits, posting a rise in pre-tax profits of £14.2m.
NIG generated gross written premiums of £758m, a 53% rise up from £496m.
Profits before tax also rose from £14.1m in 2000 to £28.3m in 2001.
NIG has enjoyed growth in all sectors, but has seen its strong growth particularly in the commercial small to medium sized market.
Parent company Churchill was said to be pleased with the results.
NIG managing director Phil Bunker said: "NIG remains committed to building strong broker relationships and delivering excellent customer service to all its customers."
In the past year NIG has developed its risk management expertise with the buy-out of Scottish risk company, All Risk Management.