Latest News from the Nexus Group

Nexus Acquires Fast-Growing MGA Apsley Specialty

13/02/2018

Leading independent specialty Managing General Agent Nexus Group today announces that it has completed the acquisition of Apsley Specialty Limited, a registered and approved Lloyd’s Coverholder.

Established in 2012, Apsley Specialty is a specialist Directors & Officers and Financial Institutions (“DOFI”) MGA headed up by James Lawrie. As part of the acquisition, James will join the board of Nexus Underwriting Limited and both brands will continue to operate as usual. Prior to founding Apsley James spent several years specialising in alternative investments at Towers Watson and Caliburn Capital, where he allocated multi-billion dollar portfolios across hundreds of hedge funds.

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Mike Sibthorpe bolsters Nexus Group management

17/01/2018

Leading independent specialty Managing General Agent Nexus Group today announces that senior industry figure Mike Sibthorpe will join as Chief Executive Officer of Insurance and Reinsurance at Nexus Underwriting Management Limited, effective April 2018.

Mike, who was previously Chief Underwriting Officer for AmTrust at Lloyd’s, will also become a member of the Nexus Group board.

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Nexus Acquires Specialist Trade Credit Broker Credit Risk Solutions

25/10/2017

Leading independent specialty Managing General Agent Nexus Group today announces that it has acquired Credit Risk Solutions Ltd (CRS).

Established in 2003, CRS is a leading independent specialist Trade Credit broker operating from offices in Halifax, Manchester and Birmingham. CRS will continue to be led by its founding shareholders Mike Clark, Hayden Tennant and Lisa Humphries and will importantly remain an open market broker, independent of the underwriting operations of the Nexus Group. The deal will allow CRS to accelerate its growth via the acquisition of strategic targets in the regional broking market.​

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Nexus Named In London Stock Exchange 1,000 Inspirational Companies List

16/05/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group has been featured for the first time in the 2017 London Stock Exchange’s report 1,000 Companies to Inspire Britain which has just been published.

This report focuses on the UK’s most dynamic and fastest growing businesses and features a 1,000 high growth and innovative companies in the country. As well as identifying these companies, the annual report further examines in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the UK economy.

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Nexus Enters Cyber Space

09/05/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group announces the successful fruition of an initiative with Beazley Syndicate to provide Cyber insurance with effect from 1st May, 2017 via the existing Nexus broker network.

Nexus will underwrite the new line, offering third party cover up to a maximum limit of liability of £5,000,000 in the aggregate per policy and, in respect of privacy breach response services, up to a maximum of 250,000 records in the aggregate per policy.

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Nexus Underwriting Asia Rebrands Beacon Underwriters to Nexus Marine

21/03/2017

Specialty MGA Nexus Underwriting Asia has announced following its acquisition of Beacon Underwriters Limited in July last year that Beacon is rebranded Nexus Marine with immediate effect.

Nexus will now operate two platforms from a single office in Hong Kong, underwriting the following classes of business:

Nexus Marine - Cargo, Hull and Port and Terminals insurance.

Nexus Underwriting Asia - Specialty Lines, including D&O/FI Liability, Single Situation Credit, Accident & Health, Pension Trustee Liability, Property Industrial All Risks and Commercial Professional Indemnity insurance.

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2016 Financial Results Show Nexus Going From Strength To Strength

02/03/2017

Nexus Underwriting Management Limited, the leading independent specialty Managing General Agent (MGA), today announced its financial results for 2016, reporting impressive growth figures.

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Nexus Creates New Claims Company

16/11/2016

Nexus Underwriting, the leading independent specialty MGA, is excited to announce that it has formed a new claims company trading as Nexus Claims.

Run independently to the underwriting companies, Nexus Claims offers claims management services not only to Nexus’ underwriting partners but also to insurance companies, syndicates and other MGAs that do not have their own claims operations, who need specialist expertise in some areas or those that simply prefer to strategically combine an outsourcing model with their existing claims capabilities.

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Nexus Conquers Three Peaks and Smashes Charity Target

28/09/2016

A team from leading independent specialty MGA Nexus Underwriting Management Limited recently completed the Nexus Three Peak Challenge which involved climbing the highest mountains in three different countries in the United Kingdom over a 24 hour period: Ben Nevis, Scafell Pike and Snowdon.

The Nexus team of 22 walkers set out to conquer the Three Peaks and to reach a target of £10,000 for their chosen charity Starlight Children’s Foundation. To date, the total money raised is now well in excess of £18,000.

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Help Nexus raise funds for Starlight Children’s Charity

14/09/2016

This weekend is The Nexus 3 Peak 24 hour Challenge and we are asking all of our friends to support us.

Twenty two of us from Nexus will attempt the challenge. It involves climbing the highest mountains in the GB’s 3 countries in a 24 hour period – Ben Nevis, Scafell Pike, Snowdon. It is 23.5 miles and 13 hours of walking, 2,764m of ascending/descending and 11 hours of driving! It is a tough challenge for the team!!

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