Nexus buys trade credit MGA Equinox

deal-hand-pen

Current management team to stay on following the deal.

Nexus Group has purchased Lloyd’s cover holder Equinox Global and all other Equinox group companies.

The managing general agent (MGA) stated that Equinox will continue to be supported by its founding shareholders and its management team consisting of Steen Parsholt, Mike Holley, Rob Crampton and Vicki Harrison.

Equinox was established in 2009 and is an MGA specialising in trade credit.

It will continue to be provided with underwriting capacity by Beazley, previously its largest shareholder

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