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Nexus Broking Division Xenia Acquires Trade Credit business from Howden UK
London, UK, 9 March 2020: Insurance intermediary holding company Nexus Group (“Nexus”) today announces that its independent broking arm, Xenia Broking Group (“Xenia”), has entered into an agreement to acquire the trade credit business of Howden UK Group Limited (“Howden”), one of the UK’s most prominent insurance intermediaries, with a specialist trade credit broking business based in Birmingham, Glasgow, Manchester and Cardiff.
The transaction will complete on 31 March 2020 following which Xenia will integrate Howden’s trade credit business with its regulated entity Credit Risk Solutions Limited (“CRS”).
Access the full press release here
