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Nexus Signs Delegated Authority Deal With Allianz Global Corporate & Specialty May 3, 2021
Allianz Global Corporate & Specialty (AGCS) and Nexus Group announced a four year strategic underwriting and claims delegated authority agreement for small and medium-sized enterprises (SMEs) customers.
Nexus, a specialty managing general agent, will underwrite and handle claims for primary and excess business on behalf of AGCS, Allianz’s entity for large-scale corporate and specialty risks.
The agreement has a gross written premium capacity of £50 million in the first year and covers multiple Financial Lines products – including Professional Indemnity (PI), Directors and Officers Liability, Crime and Pension Trustee Liability – for customers operating in the Financial Services and Commercial industries.
H.W. Kaufman Expands in Europe, Adding Amsterdam Office, London Healthcare Unit April 30, 2021
U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in Amsterdam, the Netherlands, and the addition of a specialty healthcare insurance team in London.
The new H.W. Kaufman Group Europe office and team in the Netherlands includes: Dr. Niels Vermolen, RGA, director; Rupesh Appannah, senior business executive; and Hanna Streng, technician.
Vermolen has nearly 30 years of experience in the industry, including operating his own business as an insurance advisor.
Appannah and Streng are returning to Kaufman, both having spent the early part of their careers at Chesterfield Group in London. They report to James Stevenson, managing director, H.W. Kaufman Group International, London.
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