Xenia buys West Midlands-based trade credit broker

Deal

The Nexus-owned business says Credit Insurance Alliance Brokers will be integrated with its Credit Risk Solutions unit.

Credit insurance and surety specialist Xenia Broking Group has agreed to buy the trade credit business of Credit Insurance Alliance Brokers (CIA).

The Nexus-owned business stated that CIA is an independent trade credit broker based in the West Midlands. Xenia bought trade credit specialist Status Credit last month.

The transaction is expected to complete on 10 May 2021 and Xenia detailed that CIA will be integrated with its Credit Risk Solutions (CRS) operations.

Xenia Broking Group was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: