‘Perceptive Underwriting’

Spring 2016

Colin Thompson
Executive Chairman, Nexus Group

Welcome to the spring edition of our group newsletter. There is much to tell our supporting brokers and business partners on what’s happening at 150 Leadenhall Street and beyond.

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Chinese general, military strategist and author of The Art of War, Sun Tzu, once wrote that “Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.”

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Artists impression of the Nexus BIBA stand 2016

With more than 5,700 visitors expected over the two days, the BIBA (The British Insurance Brokers' Association) Conference in Manchester next month will continue to be the UK's leading event for general insurance brokers, intermediaries and their customers.

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Kevin Gotts
Nexus underwriting Asia

Congratulations are due to Jamie Ricketts and Jon Vocking who have become joint heads of D&0 and Financial Lines and we wish them both well in their new roles. In the mean time, there has been a boost for Nexus Underwriting Asia as Kevin Gotts, Head of Directors & Officers, recently moved to Hong Kong to join Jeremy Austen and Dan Dibden in our office in the Far East.

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The Insurance Act of 2015 will come into force this August. For brokers that have gone through consolidation there will be some key considerations when implementing the Act.

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Gyles Brandreth

On Thursday 3rd November, the specialist trade credit division of the group, Nexus CIFS, host a dinner to be held at Old Billingsgate in aid of the Royal Marsden Cancer Charity, the group’s chosen charity for this year.

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Richard Wynn
Director of Business Development

Richard joined us at the beginning of the year and at the time Tim Coles, Group Chief Executive Officer, Nexus Underwriting Management Limited, said:  “Strong, broad and sustainable distribution is a core focus for us. Richard’s responsibility at Nexus will be to drive this as he will be responsible for identifying and pursuing growth opportunities and new business for the divisions and companies across the group.” 

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The proof of the pudding is in the eating, and fast and fair claims settlement is a vital selling point of the insurance industry worldwide.

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Exciting news from the Emerald Isle as Nexus EBA announces that it has recently developed a surety product suite for the Irish construction industry.

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