Nexus CIFS Derryck Blackman Interview April 2017

Risk Underwriter Derryck Blackman produces excellent monthly Retail Overview reports so we decided to catch up with him and get a snapshot for Q1 of this year. Derryck, how have the first three months of 2017 been, what’s the overview? Overall, British retail sales shrank at the fastest rate in nearly seven years during the past three months, despite a pickup in February, adding to signs that a major driver of Britain's economy is faltering after last year's Brexit vote. The calm before the storm is over and the retail sector is clearly beginning to struggle.

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Nexus Acquires Specialist Trade Credit MGA Equinox Global

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.

A new look, a new logo for Nexus CIFS Ltd

As from the beginning of the month Nexus CIFS Ltd officially changed its branding using the Group Nexus logo. This follows the branding standardisation of all members of the Nexus Group of Companies. As part of this initiative email addresses have been changed, as well as the website url address. Email addresses now follow the @nexusunderwriting.com format. For example Sue Morley's email address is smorley@nexusunderwriting.com The Nexus CIFS website address is http://www.nexusunderwriting.com/trade-credit

Surety Bonds

We are now able to offer Surety Bonds through our sister company, NEXUS EBA. We can underwrite various types of bonds up to £3m any bond / £5m any one obligor in the UK, and €3m any bond / €5m any one obligor in Ireland. Our ‘USP’: - Full delegated authority as an MGA from “A” rated Capacity providers. - Our team bring over 40 years experience of both the Banking and Insurance sectors. - Access to key decision makers - In-house claims management