B.P. Marsh buys into Nexus Underwriting
Capital provider takes 5% stake in MGA.
B.P. Marsh & Partners has bought 5% of managing general agent (MGA) Nexus Underwriting Management for £1,554,000.
The niche venture capital provider confirmed that the investment would be used to help the MGA's growth plans.
The investment will be used to build on Nexus' well-established position as a market leader and assist the company in its growth ambitions.
Subsidiaries
Nexus has two operating subsidiaries, Nexus Underwriting, which underwrites speciality insurance products such as directors
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