Reinsurance News
Nexus
MGA Nexus Group appoints Charles Penruddocke to Deputy Chairman
7th November 2017
Specialty Managing General Agent (MGA) Nexus Group has appointed Charles Penruddocke to Non-Executive Deputy Chairman of Nexus CIFS and Equinox Global. He joins from a role wih MS Amlin Bermuda as Head of Specialty Lines and Global Product Lead. The appointment comes off the back of Nexus’ continued expansion in the Trade ... Read the full article
Nexus adds treaty reinsurance to offerings with Zon Re acquisition
20th July 2017
Nexus Underwriting Managing Limited (Nexus) has acquired U.S. domiciled reinsurance underwriting agency, Zon Re Accident Reinsurance (Zon Re), according to a statement from Nexus backer, B.P. Marsh. B.P. Marsh holds an 18.6% stake in managing general agent (MGA) Nexus, and provided a £30 million loan facility with HPS Capital Partners, of which ... Read the full article
Nexus expands global reach with acquisition of Trade Credit MGA, Equinox
19th July 2017
Nexus has expanded its distribution opportunities and expertise with the acquisition of fast-growing Specialist Trade Credit MGA and registered Lloyd's Coverholder, Equinox Global, as well as all other Equinox group companies. The founders of Equinox and Beazley, previously the MGA's biggest shareholder, are set to become shareholders in Nexus, aligning all ... Read the full article
Nexus and Beazley Syndicate collaborate to offer cyber solutions
10th May 2017
Specialty Managing General Agent (MGA) Nexus Group has announced plans to use its broker network to collaborate with Beazley Syndicate to provide cyber insurance solutions, effective 1st of May, 2017. In the initiative to expand its solutions offer into one of the fastest growing risks and insurance markets, Nexus will act as ... Read the full article
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