‘Perceptive Underwriting’

Spring 2017

Colin Thompson
Founder and Group Executive Chairman
Nexus Underwriting Management Limited

Welcome to the Spring 2017 edition of our newsletter which has an international feel to it with opportunities abound in the USA and Hong Kong - and a bit of British snooker chucked in for good measure! 

Our unaudited 2016 results have come out which are very encouraging. Our success has been driven by exceptional organic growth, a developed and successful acquisition capability and an unmitigated focus on delivering underwriting profit to our insurer partners, and all of this combines well for continued exponential growth in the future.

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The unaudited 2016 accounts for Nexus Underwriting Management Limited closed at £108 million Gross Written Premium (GWP) representing 56% growth on the previous year.

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In the very near future Nexus will be completing the exciting acquisition of an MGA that specialises in offering Treaty Reinsurance products. The business is currently based in New Jersey, USA, located approximately 20 miles from Manhattan, and the company is widely recognised as a market leading reinsurance underwriting platform.

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Colin Thompson wrote an article published as part of the Csuite series in Post Magazine that looked at the Managing General Agents of the future – and what the future might hold for them.

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In March this year we announced following our acquisition of Beacon Underwriters Limited in July 2016 that the company is to be rebranded as Nexus Marine.

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John Parrott MBE

Nexus sponsored the 2017 World Seniors Snooker Championships which showed every match live exclusively on Superstar Online. 

Colin Thompson said at the time: “The Nexus Group is delighted to be at the heart of the 2017 World Seniors Snooker Championships. 

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