Nexus targets high double-digit growth in 2017

Nexus has targeted high double-digit earnings growth in 2017 after reporting a 39% rise in income to £19.6m ($24.07m) during 2016. Unaudited accounts for the year show the specialty managing general agency (MGA) grew gross written premiums by 56% to £108m. Nexus reported 66% growth in earnings before interest, tax, depreciation and amortisation (Ebitda), which rose to more than £5m.