Allianz Global Corporate & Specialty signs financial lines deal with MGA Nexus
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Allianz Global Corporate & Specialty signs financial lines deal with MGA Nexus

Anna Sagar
30 April 2021
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Allianz Global Corporate & Specialty (AGCS) and Nexus Group have entered in a four-year underwriting and claims delegated authority agreement for financial lines business, with an initial gross written premium capacity of £50mn ($69.7mn) for the first year.

As part of the agreement, effective immediately, the MGA will write primary and excess professional indemnity, D&O liability, crime, and pension-trustee liability business on behalf of AGCS for financial services and commercial industry customers.

The

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