Reinsurance News
Nexus
Peter Slot joins Nexus Underwriting as MD, A&H
14th May 2020
Acquisitive insurance intermediary Nexus Group has appointed Peter Slot as Managing Director of Accident & Health within Nexus Underwriting Limited. Slot joins from Aspen Insurance Group where he was Global Head of A&H, responsible for an $80 million GWP book of business. Before that he held a number of senior positions within ... Read the full article
Nexus division completes trade credit takeover from Howden UK
2nd April 2020
Xenia Broking Group, the independent broking arm of insurance intermediary holding company Nexus Group, has completed its acquisition of the trade credit business of Howden UK Group Limited. The acquisition was announced last month, and will see Xenia integrate Howden’s trade credit business with its regulated entity Credit Risk Solutions ... Read the full article
Nexus launches US financial lines division
21st February 2020
Nexus Group, a specialty Managing General Agent, has launched a financial lines division in the US, under its newly-formed entity Nexus Specialty. Underwriting capacity for the new line is provided by Professional Solutions Insurance Company. Stacy Paquet will lead the new division, bringing over 15 years’ experience in the US Management Liability ... Read the full article
Nexus Specialty to offer admitted trade credit products in US
7th January 2020
Nexus Specialty, a part of MGA Nexus Group formerly known as Equinox Global has agreed to a new program agreement which enables it to underwrite their trade credit products on a fully admitted basis in the US. Equinox’s adoption of the Nexus Specialty brand was announced after it was decided ... Read the full article
Equinox Global rebrands as Nexus Specialty in the US
4th November 2019
Specialty managing general agent (MGA) Nexus Group has announced that Equinox Global Inc. has been rebranded as Nexus Specialty Inc. in the US. Nexus began operating in the US in 2017 through the acquisition of Equinox – a Specialist Trade Credit MGA and registered Lloyd’s Coverholder – and Zon Re, ... Read the full article
Nexus aims to become largest specialty MGA in Asia
25th October 2019
Specialty managing general agent (MGA) Nexus Group has announced that it plans to become the largest specialty MGA in Asia, as part of its new vision for the region. “We have an ambitious goal of becoming the largest speciality MGA in Asia and achieving US$50 million in gross written premiums by ... Read the full article
Nexus recruits Marc van der Veer from Ardonagh as CEO, European Ventures
19th June 2019
Nexus Group, the specialty managing general agent (MGA), has announced the appointment of Marc van der Veer as Chief Executive Officer (CEO), European Ventures. Van der Veer joins Nexus from The Ardonagh Group, where he most recently served as CEO of International for specialty MGA Geo Underwriting. Prior to this, he held ... Read the full article
Nexus appoints CEO and Non-Exec Chairman of Asia business
15th May 2019
Specialty Managing General Agent (MGA) Nexus Group has announced the appointments of Tony Egerton and Gerard Pennefather as Chief Executive Officer (CEO) and Non-Executive Chairman of its Nexus Asia subsidiary, respectively. Egerton previously worked as Principal Officer at Nexus Structured Solutions Limited and has over 35 years’ experience in re/insurance and ... Read the full article
Nexus acquires Warranty & Indemnity MGA Capital Risks, eyes further deals
3rd April 2019
Specialty Managing General Agent (MGA) Nexus Group has announced its acquisition of Capital Risks (CRML), a London-based Warranty and Indemnity MGA. Founded by Nathan Sewell and Jason Edwards in August 2017, CRML was launched to provide Transaction Liability Insurance for small and medium sized deals. Through its acquisition of CRML, Nexus says ... Read the full article
Nexus Group’s Xenia broking arm acquires Credit & Business Finance
1st April 2019
Nexus Group's recently launched London-based independent broking arm, Xenia Broking Group, has completed the takeover of Credit & Business Finance Ltd (CBF), its first acquisition. Xenia's first acquisition marks number 14 for Nexus Group. CBF, a specialist trade credit broker with more than 20 staff, is the second trade credit ... Read the full article
Nexus forms Xenia Broking Group to consolidate broking activities
29th March 2019
Nexus Group has revealed the establishment of Xenia Broking Group Limited, a London-based entity launched to consolidate Nexus' broking activities. The consolidated broking activities will remain independent and segregated from the Group's underwriting operations, and Xenia will have Nexus Group Non-Executive Director, Jeremy Adams as Chairman of its Board of Directors. He ... Read the full article
Nexus completes acquisition of Huntington Underwriting
7th September 2018
Specialty managing general agent (MGA) Nexus Group has completed its acquisition of Huntington Underwriting Limited (HUL), a structured solutions underwriting manager and associate of the Singapore headquartered services group Huntington Group Pte Ltd. HUL has operated out of Labuan International Business and Financial Centre, Malaysia since 2014, and is licensed by ... Read the full article
Nexus appoints new Non-Exec Director of underwriting operations
27th June 2018
The Nexus Group has appointed Karen Morris as an independent Non-Executive Director of underwriting operations, effective immediately. Morris is a barrister and international tax and corporate lawyer with a proven track-record in re/insurance growth and innovation strategy. She has recently held long-term strategic consultancy roles for WR Berkley Inc and the ... Read the full article
Nexus acquires D&O and FI MGA, Apsley Specialty
13th February 2018
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of registered and approved Lloyd's of London Coverholder, Apsley Specialty Limited. Apsley Specialty was launched in 2012 and has a focus on the asset management sector, particularly alternative asset managers, and has become a specialist in Directors & Officers and Financial Institutions ... Read the full article
Mike Sibthorpe named CEO of Insurance & Reinsurance, Nexus Underwriting
23rd January 2018
Specialty Managing General Agent (MGA) Nexus Group has named Mike Sibthorpe as Chief Executive Officer (CEO) of Insurance and Reinsurance at Nexus Underwriting Management, and announced a reshuffle of its management team. The appointment is effective from April 2018 and also makes the former Chief Underwriting Officer (CUO) for AmTrust at Lloyd’s ... Read the full article
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