Leading independent specialty Managing General Agent, Nexus Underwriting (“Nexus”), is pleased to announce the formation of a new division, Nexus Frontier (Frontier).
Frontier is a new Financial Lines MGA structure for Nexus, where fronted insurance arrangements will be housed in the new division. Nexus will be utilising Accredited Insurance (Europe) Limited as its fronting partner, supported by a panel of blue chip reinsurers. This provides very stable, well-rated insurance capacity for clients and by partnering with Accredited, Nexus will have access to broad territorial licenses, allowing Frontier to meet the needs of both insureds as well as brokers.
Frontier’s initial product offering will focus on Commercial D&O, Commercial PI, Commercial Crime, Financial Institutions D&O, Financial Institutions PI, Financial Intuitions Crime and Pension Trustee Liability. Frontier will be able to adapt and expand quickly into new and existing markets in the future.
Frontier will be located at Box number 358 in the Lloyd’s underwriting room. The Lloyd’s box will be manned by the Nexus Frontier team including James Rasmussen, MD of Nexus Frontier, Alex Mobbs, Senior Underwriter and Nexus Co-Founder, and Rebecca Patt, Trainee Underwriter, marks a first for Nexus at Lloyd’s.
James Rasmussen, Managing Director, Nexus Frontier, said:
“We are absolutely thrilled to be launching Frontier and establishing the business at Lloyd’s. We are particularly excited to bring something slightly different to the market and there is no better place to transact business than at Lloyd’s. Having a presence at Lloyd’s will provide enhanced visibility for our broking partners and complements the already broad distribution channels offered by our wider Financial Lines team.”