Novae Group

Nexus buys CIFS

Nexus Underwriting Management has bought Credit Indemnity and Financial Services (CIFS) from Novae Syndicates for an undisclosed sum.

Matson named as new Insurance Leadership Group chair

Peter Matson, chief underwriter, Novae has been confirmed as the new chair of The Prince’s Trust Insurance Leadership Group (ILG), succeeding Julian Enoizi. Mr Matson will be supported by three new vice chairs – James Geffen, director, Miller; Elizabeth…

Novae reports rise in profits

Novae Group has reported an increase in profit before tax and foreign exchange movement on non-monetary items to £13.6m during H1 2010 (H1 2009: loss of £2.1m).