Tuesday, August 23, 2005

NIG Network

NIG Network: "NIG Joins Imarket With New Motor Trade Facility
London, 18 August 2005 � NIG is delighted to announce its decision to further enhance its e-trading capability by joining the industry e-commerce initiative, imarket. IT Development work is now underway and the aim is to be up and running by the end of the year.
Joining imarket is seen as a key part of NIG�s online strategy, and when NIG go live it proposes to bring an attractive array of SME products to the party, one of which will be Motor Trade, which is currently not available on the imarket portal.

With NIG being added to its panel, imarket now has the leading commercial insurers onboard as members, making it easier for brokers, through one site and sign on, to electronically transact commercial business. It will also allow brokers to benefit from expert high technology, competitive products, quick decisions and good customer service.
Charles Crawford, NIG�s Managing Director says:
�NIG is a leading SME insurer and with the backing from our parent, The Royal Bank of Scotland Group, we have strong ambitions to see business grow in the SME sector. Within the commercial market, there is a significant opportunity to offer greater convenience and choice to brokers via the internet, and imarket is a good example as, by offering industry accepted submission forms, it saves the broker the hassle of filling in multiple proposals and chasing different insurers."