Nexus Adds E&S Market to Professional Liability Offering
Independent specialty managing general agent Nexus has added a Brit Syndicate to its US roster of carriers, giving it the ability to now underwrite its miscellaneous professional liability product on an excess & surplus basis, in addition to its admitted coverage.
Both Nexus’ professional liability products can be purchased on a stand-alone basis or as part of a modular package with management liability coverages such as D&O, EPLI, fiduciary, crime, employed lawyers and cyber.
The coverage is offered through Nexus’ Financial Lines division launched earlier this year. Nexus’ targets private and not-for-profit businesses with revenues up to $250 million, coverage limits up to $5 million and the capability to write in all 50 states.
Headquartered in London, the Nexus Group was founded in 2008 as an independent, international, specialty managing general agent (MGA). DNexus is now a global business represented in nine countries, employing over 250 people and handling over £325 million in gross written premium.
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