London, Thursday 21st January, 2016: Specialty MGA Nexus Underwriting Management Limited today announces that Tim Brangwyn has joined the executive team at Millstream Underwriting as a director.
Tim Coles, Group Chief Executive Officer, Nexus Underwriting Management Limited, said:
“Tim is brings a range of skills that will add to the existing talent in the Group and help us with our development plans. We’re pleased to have him on board for the next phase of our growth.”
Brangwyn joins Millstream from RSA Group where he held the position of Sales Director for the UK Southern regional markets. Prior to RSA, Brangwyn was a director at Sutton Winson, a privately owned insurance broker, for 9 years where he was responsible for their Commercial Division and the company’s marketing activities.
Commenting on the appointment, Simon McVey, Managing Director of Millstream said:
“We are delighted that Tim has joined us. He brings a wealth of knowledge and experience from management, underwriting and broking roles which will be invaluable to Millstream as our business grows and we further extend our product range and service offering to a wider agency and client network.”
Tim Brangwyn commented:
“Millstream is a very successful niche business in its own right. The acquisition by Nexus Underwriting Management opens a new chapter and it’s an exciting time to be joining the company to play a part in its ongoing success.”
During 2015 the Nexus Group made significant growth moves of which one, in December 2015, saw the company acquire Millstream Underwriting Limited, a leading niche player in the UK Accident & Health insurance sector.