3 months Free Trail

Get world class research developed by an in house team of professionals backed with strong institutional support. With reports that span across time horizons, styles and easily actionable strategies, you are never too far from executing a winning trade.

Key features and benefits of Registeration :
  • My Portfolio : Access 360° View not only of your Portfolio with Emkay, but all your Investment Portfolios
  • Emkay Research : Get Emkay's exclusive Research Reports & Trading Ideas.
  • My Watch list : Track your favorite stocks, Derivatives, Currencies, Commodities, Mutual funds on the go
  • Markets : Grab Stock Market Information at your fingertips
  • News & Announcements : Stay Updated 24x7 with news that matters.
  • Alerts : Get Alerts on Emkay Research, Trading Ideas, news on your portfolio holdings & watchlist

Generate password

Change password

Forgot Customer Code

Would you like to create a personalised login id for logging in to Emkay Website ?

Change Personalised Login ID

NSM Insurance Group acquires Xpekt

Share Source By

Dion Global

23 Oct 2018

NSM MGA Holdings has announced that it has reached an agreement to acquire Xpekt Ltd, the motor insurance-focused Managing General Agent. This agreement represents an important step in NSM's ambitions to build a niche motor underwriting business in the UK, serving a select panel of specialist and community brokers, differentiated by superior service and supported by A-rated underwriting capacity.

Geof McKernan, NSM's CEO commented, "We have identified that there is demand in the UK market for a service-led underwriting business focused on niche and specialist motor segments. Xpekt have established a solid reputation in the market, and this acquisition is a key step in our journey.

"We are also delighted to announce that Mark Bacon will be joining NSM in the role of Managing Director. Mark will assume this role with effect from 22nd October, subject to regulatory approval. Mark Bacon has previously held roles with ERS as Active Underwriter and Zurich as Global Head of Corporate Motor.

"Colin Hart will move to the role of Head of Underwriting for the Xpekt brand and will support Mark in bringing our strategy to life."