Singapore-based financial and specialty reinsurer, NexAssure Group, is to launch a specialist managing general agent (MGA) called NexAssure Agency (UK) Limited in London, and has named Mark Angel to lead the unit.
Angel has been appointed as Head of Specialty and will be tasked with leading the firm’s expansion into both Europe and the Middle East. He joins the firm from WhiteOak Underwriting Agency, where he was Chief Underwriter.
Chief Executive Officer (CEO) of NexAssure Group, Anthony Hobrow, said; “Mark is a well-known and highly regarded warranty underwriter. Appointing someone of his quality to our new London office, demonstrates our commitment to provide best in class client services and solutions. Our expansion into these new regions reinforces our growth ambitions.”
Commenting on his new appointment, Angel said; “NexAssure has built up a successful footprint in the challenging regions of Asia Pacific and Southeast Asia using their entrepreneurial approach and local client driven expert solutions.
“Our London office will provide good opportunities for our clients including the Lloyd’s broker market for our specialist products and administration services within these new regions and then beyond.”
Co-Founder and Director of NexAssure, Harj Sandhu, added; “We continue to expand our team with experienced proven professionals to serve the regional needs of our global clients as well as to expand our client and product base. These are exciting times for us.”
