Nexus snaps up Capital Risks MGA
MGA reveals it has also raised £16m to continue to make more acquisitions.
Specialty managing general agent (MGA) Nexus Group has announced the takeover of Capital Risks MGA (CRML), a London based warranty and indemnity MGA.
CRML was launched in August 2017 to offer transaction liability insurance for SMEs. It was founded by Nathan Sewell and Jason Edwards.
Nexus said the acquisition will improve its financial and professional (FinPro) policy opportunities.
The CRML underwriting team featuring underwriting director Angus Ogg and associate underwriter and lawyer
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