‘Perceptive Underwriting’

Latest News from the Nexus Group

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.



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Nexus Acquires U.S. Based Personal Accident Treaty Reinsurance MGA from ZON Re, Launches “Nexus Re”

19/07/2017

Leading independent specialty Managing General Agent ("MGA”) Nexus Group (“Nexus”) today announces that it has completed the acquisition of the Personal Accident (“PA”) Treaty Reinsurance MGA operated by ZON Re, a U.S. based Treaty Reinsurance Managing Underwriter and Lloyd's Coverholder, via an asset purchase.

Established in 2003, the ZON Re PA Treaty Reinsurance MGA will now trade as “Nexus Re”and will continue to be led post acquisition by ZON Re’s senior management team of W. Brian Harrigan, Kieron Farrelly, Chris Holland and Vern Ismen.  All four become shareholders in Nexus, aligning the parties to grow and develop the business.

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Nexus Acquires Specialist Trade Credit MGA Equinox Global

17/07/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group today announce that it has acquired Equinox Global Ltd, a registered and approved Lloyd’s Coverholder, and all other Equinox group companies.

Established in 2009, Equinox is a fast-growing specialist Trade Credit MGA, which will continue to be supported post acquisition by its founding shareholders and management team of Steen Parsholt, Mike Holley, Rob Crampton and Vicki Harrison.

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Nexus Completes £30 Million Capital Raising

17/07/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group today announces that it has successfully concluded raising capital, by way of loan facilities, totalling £30 million that will enable it to undertake further merger and acquisition activity.

B.P. Marsh & Partners Plc, the niche venture capital provider to early stage financial services businesses, has provided Nexus, in which it holds an 18.6% shareholding, a £4 million loan facility, as part of the £30 million capital fund raising exercise. The further £26 million of the loan facility came through undisclosed sources.

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Nexus Purchases Specialist Marine Cargo Insurer MGA From Aquila

30/06/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group today announces that it has acquired Vectura Underwriting, a registered and approved Lloyd's Coverholder, from Aquila Underwriting LLP.

Established in June 2007, Vectura Underwriting is a specialist Marine Cargo insurer and reinsurer headed up Stephen Fletcher, together with Tim Hancox, who have now relocated to Nexus’ global headquarters in Leadenhall Street.

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ON A STEEP GROWTH TRAJECTORY - Intelligent Insurer Interview with Colin Thompson

24/05/2017

Intelligent Insurer Interview with Founder and Executive Chairman of Nexus:

"Since its formation in 2008, Nexus Group has enjoyed rapid growth through both acquisitions and organic growth into more speciality lines. Here Colin Thompson, founder and executive chairman of Nexus, discusses with Intelligent Insurer why this is a good time to be running and growing an MGA and the nuances of the business across different markets."

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Nexus Named In London Stock Exchange 1,000 Inspirational Companies List

16/05/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group has been featured for the first time in the 2017 London Stock Exchange’s report 1,000 Companies to Inspire Britain which has just been published.

This report focuses on the UK’s most dynamic and fastest growing businesses and features a 1,000 high growth and innovative companies in the country. As well as identifying these companies, the annual report further examines in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the UK economy.

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Nexus Enters Cyber Space

09/05/2017

Leading independent specialty Managing General Agent (MGA) Nexus Group announces the successful fruition of an initiative with Beazley Syndicate to provide Cyber insurance with effect from 1st May, 2017 via the existing Nexus broker network.

Nexus will underwrite the new line, offering third party cover up to a maximum limit of liability of £5,000,000 in the aggregate per policy and, in respect of privacy breach response services, up to a maximum of 250,000 records in the aggregate per policy.

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The 2017 Superstar Online World Seniors Championship welcomes the Nexus Group

24/03/2017

The Super Star Online World Seniors Snooker Championship, starting on Tuesday 21st March, are delighted to welcome THE NEXUS GROUP as a partner to the event.

Founded in 2008 by Colin Thompson, the Nexus Group is a specialty insurance organisation known as an MGA (Managing General Agent) on a dynamic growth path, concentrating on niche classes of business and delivering excellent service and cutting edge products. 

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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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Contact / Press Enquiries

Please direct all Press enquiries to:

Roddy Langley
Lysander PR Limited
roddy@lysanderpr.com
07740 633296


Helen Wright
Lysander PR Limited
helen@lysanderpr.com
07842 729579


www.lysanderpr.com

Industry Awards

1000 Companies to Inspire Britain

2018 - For the second year running Nexus have been identified in the London Stock Exchange Group's 1000 Companies to Inspire Britain report.

The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK. www.1000companies.com

Sunday Times Profit Track 100

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

Inc. 5000 Europe

2018: Nexus has been identified in the Inc. 5000 Europe list of fastest growing companies in Europe.

1000 Companies to Inspire Britain

2017: Nexus has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain. www.1000companies.com

The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.

British Credit Awards

Nexus CIFS Ltd:
2018 - Finalists in the Credit Insurance Specialists of the Year
2017 - Highly commended, British Credit Awards
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

Commercial Insurance Awards

2014 - NUML shortlisted for Placement of the Year

Insurance Times Awards

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

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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