‘Perceptive Underwriting’

Summer 2014

Colin Thompson
CEO of Nexus Group

Where has all the time gone? From small beginnings in 2008 - there were six of us who set up the company back then - we now employ in excess of 70 people, underwrite in excess of US$ 100 million per annum and proudly represent 11 underwriting partners.

It’s no mean feat, and of great credit to the team we have assembled, that every single quarter since we have started a profit has been returned.

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Nexus took over Chamberlain’s Restaurant in Leadenhall Market on Thursday 3rd to bring a Caribbean atmosphere close to Lloyd’s.

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As you might have seen in our recent advertising campaign or reported in the insurance press, we have now successfully completed the merger of all our non trade credit operations into one trading entity, Nexus Underwriting Limited, so that we simplify the operating environment for all our brokers and solidify the Nexus brand. The Group will now operate two Underwriting subsidiaries, our successful Trade Credit arm, Nexus CIFS Limited (trading as CIFS) whilst all other classes of business will now fall under the newly branded Nexus Underwriting Limited (NUL). This will simplify the company's structure and enhance our service levels and product focus for you.

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Following last year’s first successful appearance at BIBA, Nexus took a stand at the BIBA 2014 Conference and Exhibition at Manchester Central in May.

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Following the untimely death of Matthew Harding in 1996, the Matthew Harding Memorial Cup was established in recognition of the contribution that he made to Lloyd’s Football Club.  The Nexus team manager, Kevin Gotts assembled a talented squad for us to take part in this competition for the first time:

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At the end of June, 10 members of staff and 40 brokers enjoyed an evening of tasting wines from France, Italy, South America and other countries.

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We are delighted to welcome the following who have recently joined the company:

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Eleven Nexus employees and 22 broker guests descended on Cowes in the Isle of Wight to take part in the annual yachting regatta, the first time the group has taken part in this world famous event.

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Click here for a PDF of coverage on Tuesday 13th May 2013 entitled “Nexus Group merges non-trade credit units”

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