Nexus appoints RSA exec as director of Millstream

Specialty managing general agent Nexus Underwriting Management has appointed Tim Brangwyn as director of its subsidiary Millstream Underwriting.

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.

Tim Coles, group chief executive officer, Nexus, 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.”

Simon McVey, managing director of Millstream added: “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.”

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.”