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News - NIG to lose 20 jobs in restructuring.

Europe Intelligence Wire

| December 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Post Magazine)

NIG has confirmed its new business structure, unifying the commercial and personal lines divisions into a single unit, managed directly by a team of six.

In recent months, the ongoing change has seen the departure of both the director and managing director of commercial lines, Lynn Carslake and Charles Earle respectively.

The insurer claims the new structure, which is split into three sections - underwriting, broker/customer relationships, and business support - will improve service to its 3000 brokers.

NIG added the new flattened structure will result in around 20 job losses, the majority from the head office. However, NIG claimed the de-layering will create a faster flow of information, a greater sharing of best practice and enable decisions to be made quicker.

The insurer has appointed four heads to take the business forward: David Parker for distribution; Mike Crane for branch network; Vivek Banga for ...

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