NIG gets new boss as RBS Insurance overhauls top team

RBS Insurance has overhauled its management and appointed a new boss for its broker-only insurer NIG.

Jon Greenwood has been promoted to managing director of RBSI’s newly named commercial and broker division. NIG is now part of the division. He was managing director of household and life, and joins the executive board of RBSI.

This latest development comes just weeks after RBSI announced major changes at NIG that will result in eight office closures and about 130 job losses. The company was also hit by the departure of senior executive Charles Crawford to loss adjustor Davies.

Greenwood will replace Nigel Pearce who took charge of NIG on an interim basis following Andy Cornish’s departure to IAG last year. Pearce will remain in a consultancy role for the time being. “The name change of the division from commercial to commercial and broker signals the importance we continue to place on our broker channel,” said an RBSI statement.

In a wider restructure of the company’s executive team, Alastair Grier, who was director of customer sales and service within operations, will replace Greenwood and will take on full responsibility for the household and life division.

RBSI said it would discontinue the role of managing director of partnerships and international following Crawford’s departure to Davies.

The insurer said the job functions would instead be integrated into other areas, including household, life and motor.

Steve Treloar, who has been in charge of motor for more than a year, has been promoted to managing director of motor.

“Steve is the right person to take the motor business performance and development forward to the next stage of its evolution,” the company said.

Separately, Crawford Davidson will assume responsibility within marketing for partnership acquisition, development and strategic co-ordination.

He has also been handed responsibility for the international division to look for new opportunities following the sale of its Spanish business Linea Directa. RBSI has similar businesses in Italy and Germany.