Nexus Underwriting adds Architects & Engineers Cover to its Professional Liability Offering
Nexus Underwriting (‘Nexus’), is delighted to announce it has expanded its US Professional Liability product offerings with the addition of Architects & Engineers Professional Liability (A&E).
The new A&E product line further demonstrates Nexus’s commitment to growth within the Professional Liability space in the US. The A&E product is available in all 50 states for primary and excess business on admitted and surplus paper. Both offerings are written-with “A Rated” capacity partners and distributed through Nexus’ wholesale broker partners.
The A&E product offers up to US$5 million limits for firm sizes up to and including US$500 million in revenue.
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 withour 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.”