‘Perceptive Underwriting’
+852 2535 8388 [email protected]

Introduction

Nexus Underwriting Asia, based in Hong Kong, has a high profile team with over 20 years experience of local knowledge, Asian clients and business relationships in the market. NUA replicates the existing successful Nexus portfolio currently written in London. At NUA we will be focusing on the following classes:

  • Property Industrial All Risks
  • Trade Credit - Whole Account*
  • Single Situation Credit
  • Directors & Officers and Financial Institutions Liability
  • Accident and Health
  • Commercial Professional Indemnity
  • Financial Institutions Blended - D&O/FI/Crime
  • Financial Institutions Professional Indemnity
  • Commercial Crime
  • Pension Trustee Liability
  • Employment Practices Liability
  • Fine Art and Specie
  • Non-Marine Treaty Reinsurance*
  • Casualty Treaty Reinsurance*
  • Extended Warranty*
  • Cyber*

NUA  is headed up by Kevin Gotts, Head of Specialty Lines, who has relocated to Hong Kong from Nexus London headquarters. NUA replicates the existing successful Nexus portfolio written in London as well as focusing on the underwriting experience of Kevin Gotts and the Nexus Group to broaden the company's scope, with the backing of Colin Thompson and Tim Coles in the London HQ.

Kevin Gotts
Head of Specialty

Kevin is a co-founding partner of Nexus London. Kevin manages all Specialty Lines on a delegated Cover holder basis. He also works  producing and developing other classes written by Nexus Asia.

  • 30 years Market Experience.
  • 17 Years underwriting experience gained as Head of Directors & Officers Nexus Underwriting Limited, Axis Specialty London, Zurich Global Corporate UK, Chubb UK and AIG UK.
  • 13 Years broking Financial Lines business
  • Experienced at establishing a profitable portfolio of business in financial lines
  • Experienced in Underwriting London Market Asian Business
  • Close relationships with leading brokers in Asian markets
  • Close relationships with capacity providers

Colin Thompson
Group Executive Chairman

Nexus Underwriting Management Ltd

"I am very pleased that at such an early stage we have already been able to assemble an impressive line of business to underwrite in addition to all the lines we cover in London. We will be one of the first independent MGAs in the Asia Pacific region and this is a significant milestone in our growth plans. We have an extensive client and distribution network with valuable experience and recognition within the market place”

Tim Coles
Group Chief Executive Officer

Nexus Underwriting Management Ltd

“Having recently joined Nexus, who continue to pursue a dynamic growth path into Specialty Lines insurance making them one of the largest and most profitable independent specialty MGAs in the London market, the new venture in Asia is extremely exciting and we will shortly become the first MGA to be granted an IARB License by Lloyd’s - Hong Kong. I very much look forward to helping Kevin develop our business in Asia on every level, strengthening their underwriting reach in the region and attracting high calibre people to come and join them in Hong Kong,”

About The Nexus Group

The founders of the Nexus Group set out in October 2008 to create a Managing General Agent (MGA) with a dynamic growth path into Specialty Lines insurance, backing this up with excellent service and cutting edge products.

A five year plan was put into place with one overriding success criteria, that the Group would become one of the largest and most profitable independent specialty MGAs in the London market by 2013. This has been achieved with gross written premium due to surpass US$135 million in 2015 - and over 50% of the Group’s gross written premium emanating from regional brokers.

The Group has made profit every quarter since it started. The model is based on making an underwriting profit for Underwriting Partners who have paid profit commission out for every underwriting year since Nexus was founded, and cumulative gross written premium of more than USD$365 million has been produced for the London Market.

The Nexus Group currently has 20 underwriting partners who support their product offerings up to the following limits of liability for these Specialty classes of business:

  • Non Marine Property – US$10m Limit of Liability
  • Directors & Officers - £30m Limit of Liability
  • Financial Institutions - £15m Limit of Liability
  • Professional Indemnity - £15m Limit of Liability
  • Trade Credit - £10m Limit of Liability for Whole Account and US$15m (£10m) Limit of Liability for Single Situation
  • Accident & Health - £12.5m Limit of Liability
  • Property & Casualty - Employers Liability - £10m Limit of Liability
  • Property & Casualty - Public Liability - £5m Limit of Liability
  • Property & Casualty - Office - £1.2m Limit of Liability
  • Accident and Health Term Life Assurance - maximum per life limit up to £2m and event aggregate up to £25m Limit of Liability

Following the recent acquisition of EBA, the Group can now offer an extended product range that includes Surety, Bond, Dommages à l’Ouvrage, Architects & Engineers Professional Indemnity Insurance, General Professional Indemnity Insurance, Fine Art and Specie Insurance, Miscellaneous Casualty Insurance, Construction Plant & Machine Risks Insurance, Life and Event Cancellation.

Nexus Underwriting Management Limited, Company Number 7055303 is registered in England and Wales. It is the holding Company for Nexus Underwriting Limited and Nexus CIFS Limited and EBA Insurance Services Ltd.

‘Perceptive Underwriting’

Nexus Group Structure

The Nexus Group employ over 120 people Gross written Premium to exceed US$135m this year

Nexus Group Nexus Group Eba cifs Nexus Accident & Health Nexus Marine Nexus Claims asia Nexus Financial Lines