Nexus agrees to buy marine cargo MGA from Aquila

Expansive MGA Nexus Underwriting has acquired Vectura
Underwriting, a Lloyd's coverholder and marine cargo
specialist, from Aquila Underwriting.
The deal is the first to be completed ofthree acquisitions planned by the company, as first reported by
The Insurance Insider in April.
Established in June 2007, Vectura Underwriting is headed up
Stephen Fletcher, together with Tim Hancox. Both have relocated to
Nexus' headquarters in Leadenhall Street, London.
Hancox began his insurance career in 1969