NIG

3rd Floor 60 Fenchurch Street London EC3M 4AD
http://www.nig.com/
  • About NIG

    NIG has been insuring UK businesses through brokers since 1894. We specialise only in insurance for SMEs, meaning we have a detailed understanding of our customers and the needs of their business.

    NIG is part of Direct Line Insurance Group plc and is underwritten by U K Insurance Limited. As well as boasting 120 years’ commercial insurance expertise, it combines the financial strength and security of an A-rated underwriter with the scale of a FTSE 100 company.

    NIG offer a portfolio of motor, property and liability products that can be traded through one of NIG’s 8 regional trading offices, online via NIG’s full cycle trading platform - The Hub, or via a software house.

    NIG was proud to be voted number 1 for eTrading in the Insurance Times eTrading Broker Insight Survey 2015.

     

NIG publish plastic injection moulding case study

Insuring-a-Plastic-Injection-Moulding-business-NIG-case-study

“Working with a partner insurance broker we pipelined a new opportunity to underwrite a large plastic injection moulding risk. Given the size of the opportunity and the market dynamics involved our quote was agreed on an exclusive basis with tactical trading discussions regarding our approach in winning this case starting straightaway.

We carried out a pre-cover survey in good time which helped us determine the risk was well managed and protected. The client was keen on further enhancing their Risk Management practices and through working with our in-house risk control team, we identified areas for potential improvement alongside a risk management bursary which proved attractive to the client.

Through this, we established what our overall broker and client proposition would need to look like, which resulted in issuing the NIG Protect Commercial Combined product. This proved very attractive to the broker and client. On this basis all three parties committed to a three-year tripartite agreement.

Our team worked effectively on this risk with the broker and client always ensuring our efforts were aligned and the end result was a success all round.”

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