Nexus Underwriting Limitedm, part of Arrowhead Intermediaries, has confirmed the appointment of Chris Bailey as regional head of underwriting development – finance.
The company said the appointment was part of its ongoing efforts to strengthen its financial capabilities. Bailey will be based in Manchester. This follows Nexus Underwriting’s recent appointment of Walid Youssef as head of UK financial institutions in March.
Bailey has more than 25 years of experience in financial insurance underwriting. Nexus Underwriting pointed to his background in leading underwriting teams and supporting their performance, as well as his long-term commitment to developing broker relationships in the UK insurance market.
His role will support Nexus Underwriting in further developing its management responsibility proposition within its wider financial business strategy.
He joins Nexus Underwriting from AXA where he was Management Liability Underwriting Manager. He has also held senior regional underwriting positions at AXA XL, Chubb, AIG, Travelers and RSA.
At Nexus Underwriting, he will work closely with Tom Jordan, Head of Management Liability, to support continued growth across the financial business and help build management liability products to complement the firm’s professional indemnity and financial institutions expertise.
Jo Edgley, head of UK financial insurance at Nexus Underwriting, commented: “Chris’ technical knowledge, leadership and experience in the UK regional financial insurance market further enhances the depth and capabilities of our underwriting team. Following a number of recent key appointments, Chris’ appointment demonstrates our commitment to continue investing in regional services for UK brokers and their clients. I’m delighted to welcome Chris to our team!”
Bailey added: “I’m delighted to be joining Nexus at such an exciting time in its development. Nexus has a strong reputation for excellence in underwriting and broker relationships and I look forward to working with Tom and the wider team to further develop a compelling management liability and finance product line across the UK.”
