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.
We thank our naming sponsor AdvantageGo - enabling an enterprise view of exposure:
We also thank Claims Direct Access (CDA) for their support today:
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