NIG
RBSI boss pleased with progress during "an important quarter"
Royal Bank of Scotland Insurance CEO Paul Geddes has hailed the three months to 30 September as "an important quarter" in which "progress" has been made.
RBS Insurance ramps up claims reserves by a further £100m in Q3
RBS Insurance today said it had set aside a further £100m for bodily injury claims reserves, largely relating to periodic payment orders. This follows the £320m established in respect of bodily injury in quarter two by the owner of Direct Line and…
Advantage to stop underwriting external broker business from 2012
Hastings Insurance Services has confirmed that its major insurance partner Gibraltar-based Advantage is to cease underwriting underwriting business through brokers outside the group.
Advantage withdrawal causes concern to rivals
AA Insurance has expressed disappointment at Hastings Insurance Service's announcement that its major insurance partner, Gibraltar-based Advantage, is to cease writing external business.
Arista appoints ex-Chartis underwriter
Commercial lines underwriting agency Arista Insurance has appointed Mark Chichester as senior underwriter.
RBS appoints banks for insurance sale
The Royal Bank of Scotland has confirmed the appointment of Morgan Stanley and Goldman Sachs to oversee the sale of its insurance division.
Niche business in favour as Banga expands role
Brit's new head of UK distribution Vivek Banga has revealed the insurer will aim to write more niche business as it looks to expand its UK broker footprint.
Post Intelligence Benchmarking - Commercial Insurers: Waving - or drowning?
Insurance 360's groundbreaking survey of commercial insurers' performance reveals which ones have got their acts together and which ones need to raise their game. Peter Joy reports.
Regional review - Leeds: Leeds from the front
Leeds is a vibrant and thriving market, reports Amy Ellis, with many insurers —and possibly too many brokers — setting up shop in the heart of west Yorkshire.
Interview - Jon Greenwood: Into the hot seat
With a high turnover during the past seven years, the role of managing director of commercial and broker at RBSI could be seen as a poisoned chalice. Jonathan Swift talks to Jon Greenwood, the latest incumbent, about his optimism for the task in hand.
NIG's Timberlake moves on to QBE after a year
NIG's northern manager is to step down at the end of the month, a year after taking the role.
NIG boss Greenwood insists it is "categorically" not for sale
NIG's boss has insisted that the business sees no barriers to growth now, despite its recent eventful history: including five MDs in six years, the closure of eight offices and its withdrawal from personal lines.
Arista and NIG boost teams in Leeds pushes
Arista has signalled its intent to broaden its UK footprint after appointing a senior underwriter to focus on the Leeds insurance market.
Penny Black's insurance week
Last week's British Insurance Summit certainly saw a considerable amount of debate as the great and good of the insurance market got together.
Broker event to be repeated
Leeds-based Henderson Insurance Brokers has attracted 35 insurers to its inaugural conference and plans to make it an annual event.
5 years ago: RBSI sees more staff changes
Looking back through Post's back catalogue paints a unique picture of mroe than 150 years of insurance newss, as this highlight from five years ago reveals.
Arista appoints three in Bristol
Commercial lines underwriting agency Arista Insurance, has made three appointments to its Bristol office.
Fortis "well placed" to step in over motor void
Fortis UK chief executive Barry Smith believes the insurance group is well positioned to take advantage of the upheaval in the brokered private motor market.
Buffett again linked with RBS Insurance business as bank begins adviser search
Warren Buffett has again beeen linked with the Royal Bank of Scotland's Insurance business according to reports in the weekend newspapers.
RBSI confirms office closures
Royal Bank of Scotland has confirmed that it will close 14 of its 27 insurance offices by 2013 with 2000 staff set to lose their jobs.
RBSI outlines plans to close 14 of 27 sites
Royal Bank of Scotland Insurance has revealed details of a mass closure of UK insurance sites that will see 2000 people lose their jobs.
View from the top: Changing for the better
The commercial insurance sector has seen five consecutive quarters of little or no price increases after nearly five years of steady decreases. These are challenging times for any commercial insurer or broker and when the top line isn't increasing, firms…
Editor's comment - RBSI: happy at home
Following the announcements of staff cuts and the possible withdrawal of NIG from personal lines, Royal Bank of Scotland Insurance showed its hand this week, and it was — to say the least — a little soiled by bodily injury claim losses.
Now for Tow Compare
Go Compare has diversified its offering to include caravan insurance, with Towergate and NIG among its providers.