Nexus News

People Moves: Hazelton to Head Chubb N.A. Industry Practices; Bentele President of Nexus Specialty Casualty

Chubb Appoints Bill Hazelton Head of North America Industry Practices Chubb named Bill Hazelton executive vice president, head of North America industry practices. He will lead the company’s efforts to enhance delivery of comprehensive industry-focused insurance coverages, risk engineering and …

Nexus Buys Malaysia-Based Structured Solutions Specialist Huntington Underwriting

Independent specialty managing general agent Nexus Group has acquired Huntington Underwriting Ltd. (HUL), a structured solutions underwriting manager operating out of Labuan International Business and Financial Centre, Malaysia. HUL has been in operation since 2014 as an associate of the …

Nexus Acquires D&O and Financial Institutions MGA Apsley Specialty

Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s coverholder. Financial details of the transaction were not disclosed. Established in 2012, Apsley Specialty is a London-based specialist directors & …

UK-Based MGA Nexus Group Buys Trade Credit Broker, Credit Risk Solutions

Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS). Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in Halifax and offices in Manchester and Birmingham, England. Details …

Fidelis Sponsors MGA to Expand into Niche Specialty Reinsurance

Fidelis Insurance announced that it is further developing its niche specialty offerings by sponsoring a new managing general agent that focuses on specialty reinsurance. Fidelis said it will be providing investment and cornerstone capacity for the MGA, which is expected …