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Novae

Novae posts improved profit and COR

Group chief exec praises gains made despite challenging environment.

Insurer | 05 Aug 2014

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

New venture will target both regional and London markets.

Insurer | 10 Dec 2013

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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