Nexus Group News

Nexus Completes Acquisition of Hiscox MGA Marine Business

Independent specialty managing general agent (MGA) Nexus Group announced it completed the acquisition of the Hiscox MGA Marine business (HMM) from Hiscox MGA Ltd. Completed on Dec. 30, 2020 via an asset purchase into Millstream Underwriting Ltd., a Nexus Group …

Nexus Unites Trade Credit Broking Business Under ‘Xenia’ Brand

Xenia Broking Group, the independent trade credit broking arm of Nexus Group, announced it is uniting under one trading name and brand: Xenia. Nexus acquired Credit Risk Solutions in October 2017 and Credit and Business Finance in April 2019. The …

Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis

Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis. “With the political landscape and Brexit, it was an obvious choice for us to focus our attention on the U.S.,” …

Nexus’ Broking Unit Xenia Completes Purchase of Howden UK’s Trade Credit Business

Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has completed the acquisition of the trade credit business of Howden UK Group Ltd. Financial details of the transaction, which was first announced on March …

Nexus’ Broking Division Xenia Buys Howden’s UK Trade Credit Business

Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has entered into an agreement to acquire Howden UK Group’s trade credit broking business, based in Birmingham, Glasgow, Manchester and Cardiff. Once the transaction is …

Nexus Rebrands Equinox Global as Nexus Specialty in the U.S.

London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc. Nexus said the move will enhance the company’s aim to build both through acquisition and organically to become a leading …

Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd.

Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity insurance. Founded in 2017, PRL’s underwriting team is comprised of James Rasmussen and …

UK Specialty MGA Nexus Buys an MGA and a Broker – All in One Day

UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker. On April 1, Nexus acquired Capital Risks MGA …

UK MGA Nexus Acquires Hiscox Global Flying

Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that specializes in accident & health and travel insurance. HGF …

Nexus Completes Acquisition of Castel’s Aerospace MGA Altitude Risk Partners

Independent specialty managing general agent Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies Limited in an asset purchase. Altitude is a London-based aerospace MGA, co-founded in 2014 by David …