June 2008/1

After just two years of trading, Catlin's bid to become the Direct Line of commercial SME business through its cover holder Brighter Business Ltd has ended and the company is now in run-off, The Insurance Insider has learnt.

Lloyd's insurer Novae Group has put its legacy run-off business out to tender in a move that could see the firm finally free itself from the shackles of its past, The Insurance Insider can reveal.