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25 February 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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