This week’s podcast is a great encounter with a UK MGA pioneer at the top of his game.
Colin Thompson is the CEO of Nexus Group, a firm he founded in London 13 years ago.
That business is projecting punchy organic growth of a third this year to $600mn in premiums written.
It is also on the hunt for ever larger acquisitions and is looking to back some of its own underwriting with a risk-bearing entity to show its paper providers that it has real skin in the game.
During our chat Colin also confirms that Nexus will be selling its trade credit broking arm to focus exclusively on underwriting.
We cover a huge amount of ground here and a lot is revealed about the next strategic direction for what is almost certainly London’s fastest-growing MGA business of scale.
We also learn a lot about what makes the entrepreneur driving its growth tick.
LINKS:
We thank our naming sponsor AdvantageGo - enabling an enterprise view of exposure:
https://www.advantagego.com/
We also thank Claims Direct Access (CDA) for their support today:
https://www.claimsdirectaccess.com/
Ep143 Chris Cheatham Bold Penguin: Build out now because digital’s definitely working
Ep142 Luke Tanzer CEO RiverStone International: Freeing live underwriters to work the hardening market
Ep141 Building a bigger welcome mat: Matthew Moore and Caroline Wagstaff of the LMG
Special Episode Richard Chattock and Stephen Brittain of Insurtech Gateway: To discontinue the old we must accelerate the new
Ep140 Kate Markham CEO Hiscox London Market: No one-hit wonders
Ep139 Mark Cloutier Group CEO Aspen: Still taking volatility down
Special Episode: Full Digital Ambition. Building a digital-first marketplace
Ep138 Bill Jewett CEO Obsidian Insurance Holdings: Good shepherds of reinsurance capital
Special Episode: The State of (Re)insurance
Ep137: Richard Brindle and Dan Burrows of Fidelis - changing the structure of capital forever
Special Episode: Navigating ESG, with Miqdaad Versi of Oxbow Partners
Ep136 David Howden & Rod Fox: Blurring the Lines
Ep135 Albert Benchimol: An appetite for growth
Special Episode: Matthew Grant & Henry Gale of InsTech. Parametric: where traditional insurers fear to tread
Ep134 Joshua Motta CEO Coalition: Building a Cyber Muscle
Special Charity Episode: You managing your body, not it managing you. With ABF The Soldiers’ Charity
Ep133 Jean-Jacques Henchoz: Not yet hitting the glass ceiling
Ep132 Sean McGovern CEO UK and Lloyd’s, AXA XL: Redefining Everything
Ep131 Simon Hedley CEO Acrisure Re Group: Finding a way to get things done
Ep130 Clive Buesnel CEO Tysers: Here to make our brokers brilliant
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