Nexus forms new regional financial lines MGA
Nexus Underwriting Management has today announced the acquisition of the Novae Syndicates regional financial lines portfolio after pledging to establish a new managing general agency in the new year to underwrite the account.
Novae's Syndicate 2007 will provide 100% of the underwriting capacity for the new MGA, which is to be known as Nexus Professional Risks and will be led by former Novae employees Jonathan Morgan
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