Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

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Nexus boosts D&O offering with Apsley deal

  • Bernard Goyder 13 February 2018
  • Expansive MGA Nexus has made its fifth acquisition in 12 months with an agreement to buy professional lines coverholder Apsley Specialty.

    Apsley underwrites directors' and officers' (D&O) and financial lines coverage using paper from Barbican Insurance Group, MS Amlin and Axis Capital, according to details on the company's website, with a focus on asset management and hedge fund clients.

    Apsley was founded in 2012 by James Lawrie, a former hedge fund manager.

    Nexus has been on a private equity-backed acquisition...

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