Nephila’s Velocity seeking to raise rated balance sheet
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Nephila’s Velocity seeking to raise rated balance sheet


Nephila Capital’s primary insurance platform Velocity is working on a fundraise for a rated balance sheet, according to sources.

The MGA unit has previously expressed interest in setting up its own carrier but since its 2015 launch has been using fronting providers and Nephila’s Lloyd’s Syndicate 2357 to access the market.


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