2009 — Establishment of Beacon Underwriters
Founded in Hong Kong as a Lloyd’s Coverholder specialising in Marine Cargo, Hull and Machinery, and Ports & Terminals for Asia and the Middle East.
2016 — Acquisition by Nexus Underwriting
London-based Nexus Underwriting Management acquired Beacon Underwriters, enhancing its marine underwriting capabilities in Asia.
2017 — Leadership Transition at Nexus Underwriting
Gerard Pennefather was appointed Chairman, marking a pivotal leadership transition for the firm.
2025 — Acquisition by Huntington Partners
Huntington Partners acquired Nexus Underwriting and renamed the business Huntington Underwriting Limited (HUL).
2026 — LABUAN OFFICE OPENING
The Labuan office opened on 31 December 2025 and was licensed on 6 February 2026.
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