Nexus Underwriting, a leading specialty Managing General Agent (MGA) with a focus on niche insurance classes, has announced the launch of a new Architects & Engineers (A&E) Professional Liability product in the United States.
The new product expands its US Professional Liability offerings, targeting a broader range of professional clients to support long-term growth.
Founded in 2008 in London, Nexus Underwriting, owned by Brown & Brown Inc., employs over 320 people across nine countries.
The A&E product provides up to $5m in coverage for architectural and engineering firms with up to $500m in revenue, available in all 50 US states on admitted or surplus lines paper. Backed by “A Rated” partners, it’s distributed solely through wholesale brokers, aligning with Nexus’s strategy to offer tailored Professional Liability solutions for various sectors.
Katie Schneider, vice president, underwriting director – professional liability, said, “This is a natural expansion for the Nexus US Financial Lines team, as it looks to broaden its Professional Liability offering to include a suite of market-leading products for a broad array of professions. We are thrilled to launch our A&E product for our wholesale broker partners. Nexus is uniquely positioned to provide tailored insurance solutions and service to the design professional community with both admitted and surplus lines products.”
Stacy Paquet, CEO & president Nexus US, said, “As we continue to expand our footprint in the US, Nexus is focused on building tailored solutions for specialty segments, working closely with our wholesale brokers to meet their unique needs. By collaborating with key capacity partners, we bring innovative solutions to the market that provide real value. This ongoing growth reflects our commitment to delivering exceptional services and products.”
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