Singaporean MGA, administrator and consultancy firm NexAssure Group has announced it will be opening a specialist managing general agent (MGA) in London to promote the company’s expansion into Europe and Middle East.
The company has hired senior underwriter Mark Angel to lead the new business, NexAssure Agency (UK), as head of speciality. Prior to joining the company, Angel served as chief underwriter at WhiteOak Underwriting Agency.
NexAssure is led by CEO Anthony Hobrow, the Whittington Group founder, and has offices in London, Hong Kong and Kuala Lumpur as well as Singapore.
NexAssure provides warranty, financial and specialty reinsurance through NexAssure Agency and third party administration services through NexAssure Management.
Commenting on the appointment, Hobrow said: “Mark is a well-known and highly regarded warranty underwriter. Appointing someone of his quality to our new London office, demonstrates our commitment to provide best in class client services and solutions. Our expansion into these new regions reinforces our growth ambitions.”