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.
Germany
United-states
Hong-kong
Netherlands
United-kingdom
Italy
Ireland
France
London
City-of
Stefania-davi-greer
Nexus-group