Millstream Underwriting is delighted with the recently announced, exciting reorganisation within the Nexus Group.:
Leading independent specialty Managing General Agent Nexus Group (“Nexus”) today announced a reorganisation in its management team following the recent launch of Xenia Broking Group (“Xenia”) and as Nexus’ focus turns to execution of its previously trailed strategy for establishing the fast-growing broker as a separate business.
To this end, Tim Coles hands over his COO role at Nexus in order to lead the separation process as CEO of Xenia Broking Group. Tim Brangwyn, Managing Director of Millstream Underwriting Limited (“Millstream”) is promoted to Group COO and Rob Amati, currently co-Director of Millstream, is promoted to Managing Director of that business.
Tim Brangwyn, COO of Nexus, said:
“I’m delighted to have the opportunity of contributing more widely to Nexus’ continued success and look forward to working with all the business leaders within the group. The difficult times we’re all facing bring fresh opportunities and Nexus is ideally positioned to evolve and take full advantage of them.”
Rob Amati, MD of Millstream, said:
It’s a great privilege to be asked to lead an incredible team of talented, committed people in a business that puts its customers at the heart of everything it does. Millstream has a proven track record and has undergone substantial growth since its acquisition by Nexus in 2015 and I am really looking forward to building on the successes of recent years.