MGA Nexus withdraws from W&I
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MGA Nexus withdraws from W&I

The firm offered W&I cover with capacity of up to £16mn per transaction.

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MGA Nexus Underwriting has ceased writing W&I coverage with immediate effect, Insurance Insider can reveal.

The MGA’s withdrawal from the class is largely driven by capacity pressures, after Beazley – which supplied roughly a third of Nexus’ capacity – opted...

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