London, 20th January, 2016. Specialty MGA Nexus ... joined the group as Head of Business Development. Tim Coles, Group C
New Head of Business Development Joins Nexus London, 20th January, 2016
Specialty MGA Nexus Underwriting Management Limited announces that Richard Wynn has joined the group as Head of Business Development. Tim Coles, Group Chief Executive Officer, Nexus Underwriting Management Limited, said: “Strong, broad and sustainable distribution is a core focus for us. Richard’s responsibility at Nexus will be to drive this as he will be responsible for identifying and pursuing growth opportunities and new business for the divisions and companies across the group.” “We have number of strategic distribution partners. Richard will develop these relationships as well as creating new channels and opportunities. Whilst mainly focused on the London market, he will support regional/local distribution and also play a key role in helping us to develop best practice and processes for business development,” Coles added. Wynn began his insurance career as a broker with C.E. Heath in 1991 where he placed Professional Indemnity and Financial Institutions risks in the London market. He joined brokers Howden in 1997, initially spending 11 years as Director of the UK Retail Division, before stints in Dubai then Singapore as an executive director developing and placing wholesale reinsurance across all lines of business. During 2015 the Nexus Group made significant growth moves, acquiring EBA Insurance Services and Millstream Underwriting as well as launching Nexus Underwriting Asia in Hong Kong.
Photo: Richard Wynn
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Notes for Editors About The Nexus Group Founded in October 2008, the Nexus Group is a specialty Managing General Agent (MGA) on a dynamic growth path, concentrating on niche classes of business and delivering excellent service and cutting edge products. Now one of the largest and most profitable independent specialty MGAs in the London market, gross written premium is due to surpass US$200 million in 2016. The group has made profit every quarter since it started and cumulative gross written premium of more than US$500 million has been produced for the London market. The Nexus Group currently has 20 underwriting partners who support their product offerings to see the full range of specialty classes of business please visit: http://www.nexusunderwriting.com/products For more information please visit: www.nexusunderwriting.com 'Perceptive Underwriting'
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