Millstream Underwriting Secures Lloyd’s Coverholder Status

23/05/2018

Millstream Underwriting, part of leading independent specialty Managing General Agent Nexus Group, today announces that it has become an approved Lloyd’s Coverholder.

Mark Copsey, Development Manager, Millstream, said:

“We’re delighted to announce that Lloyd’s has approved Millstream Underwriting as a Coverholder, representing another important step forward in our continuing product diversification and growth.

This is great news for us, our clients and prospects, as it gives us added capacity and capabilities in our target markets. It’s also a reflection of the high quality of our team and the partners in our supply chain that deliver such an excellent service.”

Nexus identified in London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’ 2018 report

17/05/2018

For the second year running, Nexus has been recognised in London Stock Exchange Group’s 1000 Companies to Inspire Britain report.  The report, now in its fifth edition, is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.

To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.

Millstream Creates Unique Caritas Insurance Package for International Charities

11/05/2018

Millstream Underwriting, part of leading independent specialty Managing General Agent Nexus Group, today launches a unique product - named Caritas - that combines many of the lines of business the company underwrites into a specifically designed insurance package that addresses the distinctive needs of international charities and non-governmental organisations.

The Caritas policy offers charities Kidnap & Ransom, Personal Accident and Travel covers with optional limits, together with Crisis Management/Public Relations costs to manage publicity or press coverage following an insured event. 

Nexus handed Sunday Times Profit Track 100 Accolade

12/04/2018

The Nexus Group is now part of a prestigious set of the fastest growing private companies in the UK across all sectors.

In accountancy firm BDO’s Profit Track 100 report, which was recently published in the Sunday Times, Nexus was placed 91st in a league table ranking Britain’s private companies with the fastest-growing profits.

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.

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. 

Charles Penruddocke joins Nexus Group Trade Credit MGAs as Non-Executive Deputy Chairman

03/11/2017

Leading independent specialty Managing General Agent Nexus Group today announces that Charles Penruddocke has joined as Non-Executive Deputy Chairman of Nexus CIFS Ltd and Equinox Global Ltd.

Most recently MS Amlin Bermuda’s Head of Specialty Lines and Global Product Lead, Charles has in excess of forty years of experience in underwriting and broking and has held successful leadership roles across four continents. Prior to MS Amlin, Charles was Head of Specialty and International Underwriting at Arch Re in Bermuda, and he has been a member of Lloyd’s since 1974.

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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We’ve moved

08/09/2017

On Friday 29th September the Nexus team moved to new premises:

52 - 56 Leadenhall Street
London
EC3A 2EB

Our phone numbers and email addresses remain unchanged. 

 

Nexus Commits to Ireland with New Office Opening

20/07/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group (Nexus) today announces the opening of their new office in Cork following the establishment a branch in Ireland headed by Stephen Comerford in July 2016.

With over 15 years experience in Surety Bonds with Aviva Ireland and Campion Insurance Brokers, Stephen Comerford specialises in securing solutions for builders, developers and licensed service contractors in a market where many traditional surety players have ceased underwriting this class of business.