It’s a done deal for managing general agent Nexus Group and club-style MGA formation platform Castel Underwriting Agencies Limited.
Described as being on a dynamic growth path, the independent specialty MGA has completed its third acquisition for the year – snapping up Altitude Risk Partners from Castel through an asset purchase. In 2017, which saw the completion of a £30 million capital raising, Nexus made four swoops.
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