‘Perceptive Underwriting’

Latest News from the Nexus Group

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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Credit Insurance Specialist of the Year

09/02/2017

Congratulations to all the Nexus Cifs team. Great effort to be highly commended for Credit Insurance Specialist of the Year.

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BP Marsh Boosts Investment in Nexus Underwriting Management Limited

15/12/2016

Nexus Underwriting, the leading independent specialty MGA is pleased to announce that B.P. Marsh & Partners Plc, the niche venture capital provider to early stage financial services businesses, has acquired a further 6.87% in Nexus Underwriting Management Limited for a total consideration of £4m. 

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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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Chairman’s Statement

31/10/2016

Please find below a copy of the Chairman's Statement for 2015

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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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Nexus and PartnerRe - Business as usual

17/08/2016

An article appeared on the Insurance Insider website on Tuesday 16th August 2016 which referenced Nexus and one of our Underwriting Partners, PartnerRe. It contained a number of inaccuracies (which have since been corrected in the online article) but in case you read the earlier version, please note the following:

PartnerRe has not ceased writing new business – it is not in “run-off” as the title of the article states. PartnerRe Wholesale is no longer trading as a separate division and is therefore not signing any new agreements with MGAs, but PartnerRe continues to trade and write business through the agreements it already has in place, including Nexus which represents some 75% of PartnerRe Wholesale’s GWP.

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Nexus EBA Opens Up in Ireland

13/07/2016

London, Wednesday 13th July, 2016
Nexus EBA, part of leading independent specialty MGA Nexus Underwriting Management Limited, announces that it is establishing a branch in Ireland that will be headed up by Stephen Comerford, Senior Business Development Manager and Deputy Underwriter for Surety.

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Contact / Press Enquiries

Please direct all Press enquiries to:

Roddy Langley
Lysander PR Limited
roddy@lysanderpr.com
07740633296
www.lysanderpr.com

Industry Awards

British Credit Awards

Nexus CIFS Ltd:
2016 - Finalist of the Institute of Credit Management, British Credit Awards
2015 - Winner of the Institute of Credit Management, British Credit Awards
2014 - Finalist of the Institute of Credit Management, British Credit Awards
2013 - Winner of the Institute of Credit Management, British Credit Awards

British Insurance Awards

Nexus Underwriting Management Limited:
2014 - Finalist for Underwriting Agency, British Insurance Awards
2013 - Finalist for Underwriting Agency, British Insurance Awards

Leading Advisor Award

2014 - Leading Advisor - Acquisition International

Insurance Times Awards

2014 - Finalist for MGA of the Year, Insurance Times Awards
2013 - Finalist for MGA of the Year, Insurance Times Awards

Commercial Insurance Awards

2014 - NUML shortlisted for Placement of the Year

London Market Awards

2013 - NUML shortlisted for London Market Awards

Insurance Insider Honours

2013 - Finalist for Insurance Insider Broker M&A Deal of Year for Nexus Group acquisition of Credit Indemnity & Financial Services (CIFS)


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