Nexus snaps up Altitude Risk Partners
Specialist aerospace MGA marks Nexus' tenth deal in three years.
Nexus Group has bought Altitude Risk Partners from Castel Underwriting Agencies.
Managing general agent (MGA) Altitude was founded in 2014 by David Godley, Richard Power and Tim Wright and specialises in aerospace insurance.
According to Nexus the business will continue to operate as usual following the deal and become a trading division of Nexus Underwriting. The current Altitude team will join Nexus in its London office.
Altitude writes business across seven lines of aerospace insurance in
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