18.7%

3.41x

£51.5m

Category
MGA
Jurisdiction
UK
Investment date
August 2014
Latest valuation
£51,522,000

In August 2014 the Group invested in Nexus Underwriting Management Limited (“Nexus”), the independent specialty Managing General Agency (MGA), founded in 2008. It now has five operating subsidiaries. Nexus Underwriting Limited provides Directors & Officers, Professional Indemnity, Financial Institutions and Accident & Health and Nexus CIFS Limited specialises in Trade Credit and Political Risks Insurance. Since the Group’s investment in Nexus, a number of acquisitions have been undertaken, including EBA Insurance Services Limited, Millstream Underwriting Limited, Beacon Underwriters Limited, Huntingdon Underwriting, Altitude Risk Partners and Hiscox Flying Global. In February 2022 Nexus rebranded as Kentro Capital Limited.

Recent News

Sale of Shareholding in Kentro

Sale of Shareholding in Kentro

23 May 2023
Investee Company Update – Nexus

Investee Company Update – Nexus

9 November 2021
Investee Company Update – Nexus

Investee Company Update – Nexus

8 October 2021
Investee Company Update – Nexus

Investee Company Update – Nexus

11 January 2021
Investee Company Update – Nexus

Investee Company Update – Nexus

14 December 2020
Portfolio Update

Portfolio Update

30 April 2020
Investee Company Update – Nexus

Investee Company Update – Nexus

18 February 2020
Investee Company Update – Nexus

Investee Company Update – Nexus

11 September 2019
Investee Company Update – Nexus

Investee Company Update – Nexus

30 July 2019
Investee Company Update – Nexus

Investee Company Update – Nexus

1 April 2019
Investee Company Update – Nexus

Investee Company Update – Nexus

21 December 2018
Investee Company Update – Nexus

Investee Company Update – Nexus

30 October 2018
Investee Company Update – Nexus

Investee Company Update – Nexus

12 September 2018
Investee Company Update – Nexus

Investee Company Update – Nexus

19 July 2017
Investee Company Update – Nexus

Investee Company Update – Nexus

18 July 2017
Investee Company Update – Nexus

Investee Company Update – Nexus

13 July 2017
Investee Company Update – Nexus

Investee Company Update – Nexus

30 June 2017
Further Investment in Nexus

Further Investment in Nexus

15 December 2016
Further Investment in Nexus

Further Investment in Nexus

7 December 2015
Further Investment in Nexus

Further Investment in Nexus

17 June 2015
Investment in Nexus

Investment in Nexus

15 August 2014