Nexus heralds "game-changer" with PartnerRe tie-up
Nexus Group has teamed up with reinsurer PartnerRe to cover its current core financial lines for up to five years.
The specialty managing general agent claimed it was on target to top $100m [£64.2m] of gross written premium this year and described the new partnership as a "game-changer for us and the London Market".
Colin Thompson, CEO of Nexus Group said: "It further builds our credibility and ratifies what we achieved in nearly five years of operation. We are very excited to have such a fully-fledged blue chip carrier to move forward with."
The company highlighted that the business will be underwritten by
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