Developer docs
API playgroundTry for free, no card

Search company profiles

Kentro Capital

Full company profile

uuid000ty14

Namestring
Kentro Capital
Legal namestring
Kentro Capital Ltd.
Company typeenum
Private
Founded yearint
2008
Descriptiontext

Kentro Capital Ltd. is a privately held UK-domiciled holding company whose primary operating subsidiary is Nexus Underwriting, a specialty insurance underwriting platform serving brokers and agents across the United States, the United Kingdom, and Continental Europe. The company underwrites a broad portfolio of specialty lines — Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Financial Services, Small Business Protect), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber and Technology, Fine Art, Accident & Health and Travel (including pilot loss-of-licence), Credit and Surety (Trade Credit, Surety Bonds), and Marine (Yachtsure, Marinasure, Racecover) — with the line list totaling twenty distinct product offerings configured separately for US and European markets.

The underlying platform is a broker-intermediated distribution architecture supported by four proprietary online trading portals: Nexus Approach, the Nexus RiskWrite Portal, the EBA Cauzioni portal (operated with EBA Insurance Services), and Millstream Online. These portals enable brokers and agents to quote, bind, and manage specialty placements digitally, supplementing direct broker and agent relationships and event-driven industry engagement. Core technical components are web-based trading interfaces rather than disclosed AI/ML systems; no AI capabilities, APIs, or proprietary models are referenced in the source material.

Commercially, revenue is generated through insurance underwriting premiums collected at policy inception and renewal across the lines above, with pricing conducted via individual underwriting assessments rather than publicly disclosed rate cards. Distribution is primarily wholesale/retail broker-mediated, with the online portals serving as the digital binding layer across multiple geographies. The customer base comprises end insureds reached exclusively through brokers — corporate entities, professionals, technology firms, manufacturers, marine operators, collectors, and trade-finance counterparties — though no named end-customer logos, GWP figures, or headcount metrics are disclosed in the input data.

Short descriptiontext

Kentro Capital Ltd. is a privately held UK holding company whose primary operating business, Nexus Underwriting, is a specialty insurance MGA underwriting 20+ product lines (Financial Lines, Specialty Casualty, Cyber, Fine Art, A&H/Travel, Credit/Surety, Marine) distributed through brokers via four proprietary online trading portals across the US, UK, and Europe.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
specialty insurance underwriting, managing general agent, professional indemnity insurance, cyber liability insurance, insurance broker distribution
Industry1 code
1Insurance Program Administration & MGA/MGU Services
CodeFSAEADAKPrimaryYes
NAICS code1 code
  • Finance and Insurance52
SIC code2 codes
  • Insurance Carriers, Nec6399
  • Accident & Health Insurance6321
Product category
Specialty Insurance Underwriting
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Insurance Underwriting Premiums
TypeSubscription Recurring
Description

Nexus Underwriting generates revenue through the collection of insurance premiums from policyholders across its specialty insurance product lines, including Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Financial Services), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber and Technology, Fine Art, A&H Reinsurance, Credit and Surety (Trade Credit, Surety Bonds), Marine (Yacht, Marinas, Racing Yacht), and A&H and Travel products. Premiums are collected at policy inception and renewal.

Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Nexus Underwriting, the operating subsidiary of Kentro Capital Ltd., is a specialty insurance underwriting platform and Managing General Agent (MGA) that underwrites and distributes multiple specialty insurance product lines and reinsurance. Offerings span Financial Lines, Specialty Casualty, Cyber/Technology, Fine Art, A&H and Travel, Credit and Surety, and Marine verticals, placed primarily through insurance brokers and supported by proprietary online trading portals.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Kentro Capital operates as the parent company of Nexus Underwriting, a managing general agent (MGA) offering a comprehensive portfolio of insurance products across multiple segments. The product portfolio includes Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Small Business Protect, Financial Services), Accident & Health (A&H Reinsurance, Business Travel, Leisure Travel, Pilot Loss of Licence), Credit and Surety (Trade Credit Insurance, Surety Bonds), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber Liability and Technology E&O, Marine (Yachtsure, Marinas and Marine Trade Insurance, Racecover), and Fine Art. The offerings span both US and European markets with region-specific product configurations.

Product and service20 records
1Management and Professional Liability Insurance
CategoryFinancial Lines — Management and Professional Liability
Description

Bespoke directors and officers (D&O), employment practices, fiduciary, and professional indemnity cover for mid-market and enterprise companies, distributed via brokers and placed through the Nexus Approach and Nexus RiskWrite portals.

2Small Business Protect
3Financial Services Professional Indemnity
4Architects & Engineers Professional Indemnity
5Professional Indemnity Insurance
6Public and Products Liability Insurance
7Specialist Business Insurance
8Product Recall and Contamination Insurance
9Alternative Risk Transfer
10Cyber and Technology Insurance
11Fine Art Insurance
12A&H Reinsurance
13A&H and Business Travel Insurance
14Leisure Travel Schemes
15Pilot's Loss of Licence and Loss of Training Expenses
16Trade Credit Insurance
17Surety Bonds
18Yachtsure
19Marinas and Marine Trade Insurance
20Racecover
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership4 partners
1Nexus Approach
Strategic tierCoreTypeTechnology or Integration
Description

Nexus Approach is a proprietary online trading platform operated by Nexus Underwriting, enabling brokers and agents to access and trade specialty insurance products digitally. It represents a core technology-enabled distribution channel for the company's product portfolio.

2Nexus RiskWrite Portal
Strategic tierCoreTypeTechnology or Integration
Description

Nexus RiskWrite Portal (nexusonlinetrading.com/riskwrite) is a proprietary online insurance trading platform enabling real-time specialty insurance placement and binding through a digital portal.

Strategic tierSupportingTypeTechnology or Integration
Description

EBA Cauzioni (portalecauzioni.ebainsuranceservices.co.uk) is an online portal providing access to surety and cauzioni (guarantee) insurance products across European markets, operated in partnership with EBA Insurance Services.

Strategic tierSupportingTypeTechnology or Integration
Description

Millstream Online (millstreamonline.com) is an online insurance trading portal providing access to specialty insurance products through a digital platform.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Specialty insurer and Lloyd's market participant underwriting Cyber, Professional Indemnity, D&O, and other specialty lines through broker networks in the UK, US, and Europe. Highly comparable product mix and distribution model to Nexus.

TypeDirect peer
Description

Specialty insurer with overlapping product lines across Cyber, Marine, A&H, and Financial Lines, serving similar broker-driven specialty distribution. Beazley is a benchmark specialty competitor for Nexus in many of its named verticals.

TypeDirect peer
Description

Tech-enabled specialty MGA with strong Cyber, Professional Lines, and specialty Casualty focus, distributed through brokers globally. Direct comparator in MGA structure, digital distribution, and product mix.

TypeBroad incumbent
Description

Global specialty insurer within the AXA group offering Marine, Fine Art, Cyber, Professional Lines, and Surety products through broker channels. Direct overlap with several of Nexus's named specialty verticals.

TypeBroad incumbent
Description

Large specialty insurer/MGA group with significant presence in Small Business Protect, A&H, Warranty, and specialty Casualty lines. Operates as a broader incumbent with deeper capital and scale than Nexus.

TypeBroad incumbent
Description

Global leader in Trade Credit Insurance, one of Nexus's named Credit/Surety lines. Operates at much larger scale across multiple geographies and offers a benchmark for the credit insurance vertical within Nexus's portfolio.

TypeEmerging player
Description

Specialty insurer underwriting Property, Marine, Professional Lines, and other specialty risks through broker and digital channels. Comparable scale and product positioning to Nexus with similar broker-led distribution.

TypeBroad incumbent
Description

Large US-headquartered P&C insurer with significant specialty and Management Liability/Professional Indemnity franchises sold through brokers. A broad incumbent against which Nexus competes for broker specialty placements.

TypeDirect peer
Description

Specialty insurer operating across Marine, Credit, Professional Indemnity, and other lines via broker networks in the UK, Europe, and internationally. Comparable multi-line specialty platform with similar broker-led distribution.

TypeBroad incumbent
Description

Global specialty and P&C insurer with significant Surety, Cyber, Professional Lines, and Marine offerings distributed via brokers. Broader incumbent with deeper capital competing for the same specialty placements.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment11 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile9 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Kentro Capital

Specialty Insurance Underwritingkentrocapital.com

Kentro Capital Ltd. is a privately held UK holding company whose primary operating business, Nexus Underwriting, is a specialty insurance MGA underwriting 20+ product lines (Financial Lines, Specialty Casualty, Cyber, Fine Art, A&H/Travel, Credit/Surety, Marine) distributed through brokers via four proprietary online trading portals across the US, UK, and Europe.

What Kentro Capital does

Kentro Capital Ltd. is a privately held UK-domiciled holding company whose primary operating subsidiary is Nexus Underwriting, a specialty insurance underwriting platform serving brokers and agents across the United States, the United Kingdom, and Continental Europe. The company underwrites a broad portfolio of specialty lines — Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Financial Services, Small Business Protect), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber and Technology, Fine Art, Accident & Health and Travel (including pilot loss-of-licence), Credit and Surety (Trade Credit, Surety Bonds), and Marine (Yachtsure, Marinasure, Racecover) — with the line list totaling twenty distinct product offerings configured separately for US and European markets.

The underlying platform is a broker-intermediated distribution architecture supported by four proprietary online trading portals: Nexus Approach, the Nexus RiskWrite Portal, the EBA Cauzioni portal (operated with EBA Insurance Services), and Millstream Online. These portals enable brokers and agents to quote, bind, and manage specialty placements digitally, supplementing direct broker and agent relationships and event-driven industry engagement. Core technical components are web-based trading interfaces rather than disclosed AI/ML systems; no AI capabilities, APIs, or proprietary models are referenced in the source material.

Commercially, revenue is generated through insurance underwriting premiums collected at policy inception and renewal across the lines above, with pricing conducted via individual underwriting assessments rather than publicly disclosed rate cards. Distribution is primarily wholesale/retail broker-mediated, with the online portals serving as the digital binding layer across multiple geographies. The customer base comprises end insureds reached exclusively through brokers — corporate entities, professionals, technology firms, manufacturers, marine operators, collectors, and trade-finance counterparties — though no named end-customer logos, GWP figures, or headcount metrics are disclosed in the input data.

Kentro Capital firmographics

Firmographics
Name
Kentro Capital
Legal name
Kentro Capital Ltd.
Website
https://kentrocapital.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
251–500 employees
Short description
Kentro Capital Ltd. is a privately held UK holding company whose primary operating business, Nexus Underwriting, is a specialty insurance MGA underwriting 20+ product lines (Financial Lines, Specialty Casualty, Cyber, Fine Art, A&H/Travel, Credit/Surety, Marine) distributed through brokers via four proprietary online trading portals across the US, UK, and Europe.
Ownership category
akta.pro rank

Kentro Capital industry classification

Industry
Product category
Specialty Insurance Underwriting
NAICS
Finance and Insurance (52)
SIC
Insurance Carriers, Nec (6399), Accident & Health Insurance (6321)
akta.pro primary industry
Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

  • Specialty insurance underwriting
  • Managing general agent
  • Professional indemnity insurance
  • Cyber liability insurance
  • Insurance broker distribution

Where Kentro Capital is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices3 records

Markets served

Kentro Capital business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

  1. Insurance Underwriting Premiums: Nexus Underwriting generates revenue through the collection of insurance premiums from policyholders across its specialty insurance product lines, including Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Financial Services), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber and Technology, Fine Art, A&H Reinsurance, Credit and Surety (Trade Credit, Surety Bonds), Marine (Yacht, Marinas, Racing Yacht), and A&H and Travel products. Premiums are collected at policy inception and renewal.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Kentro Capital product offering

Product offering

Core offering

Nexus Underwriting, the operating subsidiary of Kentro Capital Ltd., is a specialty insurance underwriting platform and Managing General Agent (MGA) that underwrites and distributes multiple specialty insurance product lines and reinsurance. Offerings span Financial Lines, Specialty Casualty, Cyber/Technology, Fine Art, A&H and Travel, Credit and Surety, and Marine verticals, placed primarily through insurance brokers and supported by proprietary online trading portals.

Product overview

Kentro Capital operates as the parent company of Nexus Underwriting, a managing general agent (MGA) offering a comprehensive portfolio of insurance products across multiple segments. The product portfolio includes Financial Lines (Management Liability, Professional Indemnity, Architects & Engineers, Small Business Protect, Financial Services), Accident & Health (A&H Reinsurance, Business Travel, Leisure Travel, Pilot Loss of Licence), Credit and Surety (Trade Credit Insurance, Surety Bonds), Specialty Casualty (Product Recall and Contamination, Alternative Risk Transfer), Cyber Liability and Technology E&O, Marine (Yachtsure, Marinas and Marine Trade Insurance, Racecover), and Fine Art. The offerings span both US and European markets with region-specific product configurations.

Differentiator

Problem solved

Functional benefit

Products and services

  • Management and Professional Liability Insurance Bespoke directors and officers (D&O), employment practices, fiduciary, and professional indemnity cover for mid-market and enterprise companies, distributed via brokers and placed through the Nexus Approach and Nexus RiskWrite portals.
  • Small Business Protect
  • Financial Services Professional Indemnity
  • Architects & Engineers Professional Indemnity
  • Professional Indemnity Insurance
  • Public and Products Liability Insurance
  • Specialist Business Insurance
  • Product Recall and Contamination Insurance
  • Alternative Risk Transfer
  • Cyber and Technology Insurance
  • Fine Art Insurance
  • A&H Reinsurance
  • A&H and Business Travel Insurance
  • Leisure Travel Schemes
  • Pilot's Loss of Licence and Loss of Training Expenses
  • Trade Credit Insurance
  • Surety Bonds
  • Yachtsure
  • Marinas and Marine Trade Insurance
  • Racecover

Companies that use Kentro Capital

Customer profile

Segments11 records

Ideal customer profiles9 records

Kentro Capital technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Kentro Capital partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and supporting.

  • Nexus ApproachcoreTechnology or IntegrationNexus Approach is a proprietary online trading platform operated by Nexus Underwriting, enabling brokers and agents to access and trade specialty insurance products digitally. It represents a core technology-enabled distribution channel for the company's product portfolio.
  • Nexus RiskWrite PortalcoreTechnology or IntegrationNexus RiskWrite Portal (nexusonlinetrading.com/riskwrite) is a proprietary online insurance trading platform enabling real-time specialty insurance placement and binding through a digital portal.
  • EBA CauzionisupportingTechnology or IntegrationEBA Cauzioni (portalecauzioni.ebainsuranceservices.co.uk) is an online portal providing access to surety and cauzioni (guarantee) insurance products across European markets, operated in partnership with EBA Insurance Services.
  • Millstream OnlinesupportingTechnology or IntegrationMillstream Online (millstreamonline.com) is an online insurance trading portal providing access to specialty insurance products through a digital platform.

Scale indicators1 record

Recent moves4 records

Expansion highlights5 records

Kentro Capital competitors and assessment

Company assessment

Direct peers

  • Hiscox: Specialty insurer and Lloyd's market participant underwriting Cyber, Professional Indemnity, D&O, and other specialty lines through broker networks in the UK, US, and Europe. Highly comparable product mix and distribution model to Nexus.
  • Beazley: Specialty insurer with overlapping product lines across Cyber, Marine, A&H, and Financial Lines, serving similar broker-driven specialty distribution. Beazley is a benchmark specialty competitor for Nexus in many of its named verticals.
  • CFC Underwriting: Tech-enabled specialty MGA with strong Cyber, Professional Lines, and specialty Casualty focus, distributed through brokers globally. Direct comparator in MGA structure, digital distribution, and product mix.
  • Markel International: Specialty insurer operating across Marine, Credit, Professional Indemnity, and other lines via broker networks in the UK, Europe, and internationally. Comparable multi-line specialty platform with similar broker-led distribution.

Broad incumbents

  • AXA XL: Global specialty insurer within the AXA group offering Marine, Fine Art, Cyber, Professional Lines, and Surety products through broker channels. Direct overlap with several of Nexus's named specialty verticals.
  • AmTrust Financial Services: Large specialty insurer/MGA group with significant presence in Small Business Protect, A&H, Warranty, and specialty Casualty lines. Operates as a broader incumbent with deeper capital and scale than Nexus.
  • Allianz Trade (Euler Hermes): Global leader in Trade Credit Insurance, one of Nexus's named Credit/Surety lines. Operates at much larger scale across multiple geographies and offers a benchmark for the credit insurance vertical within Nexus's portfolio.
  • Travelers Companies: Large US-headquartered P&C insurer with significant specialty and Management Liability/Professional Indemnity franchises sold through brokers. A broad incumbent against which Nexus competes for broker specialty placements.
  • Arch Insurance: Global specialty and P&C insurer with significant Surety, Cyber, Professional Lines, and Marine offerings distributed via brokers. Broader incumbent with deeper capital competing for the same specialty placements.

Emerging players

  • Ascot Group: Specialty insurer underwriting Property, Marine, Professional Lines, and other specialty risks through broker and digital channels. Comparable scale and product positioning to Nexus with similar broker-led distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Kentro Capital social profiles

Digital presence

Kentro Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kentro Capital leadership team

Management profile

Number of profiles

Kentro Capital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kentro Capital M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kentro Capital

What does Kentro Capital do?

Nexus Underwriting, the operating subsidiary of Kentro Capital Ltd., is a specialty insurance underwriting platform and Managing General Agent (MGA) that underwrites and distributes multiple specialty insurance product lines and reinsurance. Offerings span Financial Lines, Specialty Casualty, Cyber/Technology, Fine Art, A&H and Travel, Credit and Surety, and Marine verticals, placed primarily through insurance brokers and supported by proprietary online trading portals.

Is Kentro Capital a public or private company?

Kentro Capital is a private company. It is classified as unknown and is currently operating.

When was Kentro Capital founded?

Kentro Capital was founded in 2008. It employs 251 to 500 people.

Where is Kentro Capital based?

Kentro Capital is headquartered in London, United Kingdom, in the Europe region.

How does Kentro Capital make money?

One revenue line is on record: insurance Underwriting Premiums.

Who are Kentro Capital's main competitors?

Direct peers on record are Hiscox, Beazley, CFC Underwriting and Markel International. Broad incumbents are AXA XL, AmTrust Financial Services, Allianz Trade (Euler Hermes), Travelers Companies and Arch Insurance. Ascot Group is listed as an emerging player.

Does Kentro Capital have an API?

No public API is recorded for Kentro Capital.

What industry is Kentro Capital in?

Kentro Capital's product category is Specialty Insurance Underwriting. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services. Its NAICS code is 52 and its SIC code is 6399.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Insurance DayReal fitness starts with core strength: Nexus’s RouseStuart Rouse, group chief executive of Nexus Underwriting (owned by Kentro Capital and acquired by Brown & Brown in October 2023), outlined the MGA's growth strategy in his first media interview since promotion, emphasizing internal infrastructure investment to support organic growth and acquisitions. Founded in 2008, Nexus has completed 18 acquisitions, employs 325 people across 12 countries, and projects $650 million gross written premium this year, with the US expected to grow more than 15%. Key growth areas include specialty casualty, reinsurance, and alternative risk transfer (backed by Axa, Beazley, and Hiscox), while challenges include US tariff-related uncertainty causing longer client decision-making cycles and difficulty recruiting underwriting talent in Europe.GlobeNewswireBrown & Brown, Inc. completes the acquisition of Kentro Capital LimitedBrown & Brown, Inc. announced the completion of its acquisition of Kentro Capital Limited, integrating it into Brown & Brown Europe. This acquisition is aimed at enhancing their service offerings and expanding their presence in key markets, including the U.K., Western Europe, and the U.S. The leaders of both companies expressed excitement about the growth opportunities this merger presents.CaptiveinternationalBrown & Brown buys Kentro CapitalBrown & Brown has agreed to acquire Kentro Capital, with the transaction expected to close in the fourth quarter of 2023, pending regulatory approvals. Kentro, an insurance industry group founded in 2008 and headquartered in London, manages over £500 million of gross written premium with a team of more than 350 professionals across multiple regions. The Kentro companies will continue to operate independently under their existing brand and leadership.GlobeNewswireBrown & Brown, Inc. enters into agreement to acquire Kentro Capital Limited d/b/a Nexus Underwriting and Xenia BrokingBrown & Brown, Inc. has entered into an agreement to acquire Kentro Capital Limited, the parent company of Nexus Underwriting and Xenia Broking, with the transaction expected to close in the fourth quarter of 2023 subject to regulatory approvals. Kentro is a London-headquartered insurance group managing over £500 million in gross written premium, employing more than 350 professionals across multiple regions including the U.K., U.S., Europe, Asia, and Dubai. The acquisition aims to expand Brown & Brown's specialty capabilities and retail presence in the U.K. and Western Europe while allowing Kentro to operate under its existing leadership team.BbinsuranceBrown & Brown, Inc. enters into agreement to acquire Kentro Capital Limited d/b/a Nexus Underwriting and Xenia BrokingBrown & Brown, Inc. has entered into an agreement to acquire Kentro Capital Limited, the parent company of Nexus Underwriting and Xenia Broking, with the transaction expected to close in the fourth quarter of 2023 subject to regulatory approvals. The acquisition adds over £500 million in gross written premium and more than 350 insurance professionals to Brown & Brown's portfolio, enhancing its specialty capabilities in trade credit and financial lines across the U.K., Europe, Asia, and Dubai.