Stout Announces New Partnership With Nexus

June 05, 2023

Stout is delighted to announce its partnership with Nexus Specialty Casualty, a leading independent, specialty managing general agent (MGA) group with a focus on niche insurance classes of business.

The modern automobile’s growing complexity has increased risks of component defects and potential recalls. Stout’s Automotive Component Defect and Recall Consulting practice is recognized as the preeminent expert in automotive component defect and recall risks, data analysis, and the measurement of the cost automotive recalls and other forms of defect response.

Stout’s experience and expertise contributes to the development of effective strategies to identify and mitigate component defect risks that benefit both automotive suppliers and their insurers. The Nexus-Stout partnership provides a holistic solution for automotive recall insurance by enhancing both the pre-incident and incident response services Nexus provides to clients as part of the insurance package.