BP Marsh acquires 5% stake in Nexus Underwriting for £1.55m
Niche capital venture provider BP Marsh & Partners has snapped up a 5% shareholding in managing general agent Nexus Underwriting Management for £1.55m.
Nexus is a prominent London Market independent specialty MGA with a forecast premium income in excess of £60m in 2014 (£55m in 2013). Commission income has risen from £873 000 in 2008 to a forecast of
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