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Novae posts improved profit and COR

Group chief exec praises gains made despite challenging environment.

Insurer | 05 Aug 2014


US Risk (UK) to launch new Lloyd's MGA

New venture will target both regional and London markets.

Insurer | 10 Dec 2013

two businesspeople shaking hands

Nexus launches new Lloyd's trade credit agency

Nexus Underwriting Management has launched a new Lloyd’s managing general agency focusing on trade credit indemnity business.

Insurer | 03 Jan 2013


Nexus in appointment surge

Nexus Underwriting Management has made a flurry of appointments in a bid to boost its operational capability.

Broker | 29 Oct 2012

The interior of the Lloyd's building in London

Nexus buys CIFS

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

Broker | 22 Oct 2012

Barry O Neill

Home & Legacy adds new panel member in bid to "widen footprint"

High net worth (HNW) insurance specialist Home & Legacy has revealed that Lloyd's syndicate Novae has joined its panel in a bid to widen its non-standard footprint.

Broker | 02 Oct 2012

A hand on a computer keyboard

Nexus MGA launches new broker portal

Nexus Underwriting Management has launched an online broker portal in conjunction with global systems integrator Salmon.

E-Trading | 24 Aug 2012


Novae returns to profit and improves COR by almost 20%

Novae Group returned to profit in the six months ended June 2012, making £19m, compared with a loss of £30m in the same period of 2011.

Insurer | 03 Aug 2012


Salmon aims for growth in eInsurance division

Global systems integrator Salmon has appointed Neil Hodges as client executive to help grow its eInsurance business.

E-Trading | 03 Jul 2012

Concept image of yellow smiley face balls

Novae reports 5% improvement on GWP for Q1

Novae Group has reported gross written premium (GWP) of £231.1m for the first three months of 2012.

Insurer | 02 May 2012


New professional risks MGA launched following Novae purchase

Nexus Underwriting Management has launched a new Lloyd’s MGA focusing on professional indemnity and management liability business.

Insurer | 27 Mar 2012


Post Intelligence Benchmarking - Commercial insurers: Winners and losers

The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.

Commercial | 05 Jan 2012


Novae reports increased GWP

Novae Group has reported gross written premiums (GWP) of £516.4m for the first nine months of 2011.

Insurer | 10 Nov 2011

The Lloyd's building

Nexus takes on Novae's regional financial lines business

Nexus Underwriting Management has acquired the £15m GWP regional financial lines portfolio of Novae Syndicates and confirmed it intends to set up a new Managing General Agency (MGA) in the new year to underwrite the account.

Broker | 02 Nov 2011


Novae enhances online product offering

Novae has added three new areas of cover to its online offering to brokers.

Insurer | 28 Sep 2011

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