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Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)


Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)
April 14, 2021
Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit Insurance Alliance (Brokers) Ltd. (CIA).
An independent trade credit insurance broker based in the West Midlands, England, CIA specializes in placing trade credit insurance that protects businesses against insolvency or default of their UK or overseas customers.
The transaction is expected to complete on May 10, 2021, after which Xenia will integrate CIA’s business within its regulated entity Credit Risk Solutions Ltd. (CRS).
“CIA has built an excellent track record for client engagement, innovative solutions and service quality over the last 13 years – and CIA recognizes Xenia as a natural home for its clients because of our specialism, expertise and culture of client service,” commented Tim Coles ....

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