Hiscox MGA sells marine business to Nexus Group

Paul-Miller, Hiscox

Nexus Group completed its acquisition of the Hiscox MGA marine business (HMM) on December 30, 2020. The sale was implemented via an asset purchase into Millstream Underwriting Ltd, a Nexus Group company which specialises in consumer insurance. Hiscox is known as a leading insurer of superyachts.

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