Xenia Broking Risk Report

🏗️ operational & business continuity

Xenia Broking has experienced key operational changes in recent years, marked by acquisitions and structural transformations. These moves are integral to the company's strategy to consolidate and expand its brokering activities. Acquisitions and mergers have been pivotal, reflecting an aggressive expansion approach and diversification in trade credit.

• Nexus Group formed the Xenia Broking Group to consolidate broking activities 🗓 March 29, 2019.
• Xenia acquired the trade credit & surety business from Tysers 🗓 January 12, 2022.
• Xenia announced the acquisition of Linda Scott Associates 🗓 December 5, 2022.
• Xenia acquired a majority stake in Hong Kong's Capstone Insurance Brokers 🗓 April 14, 2022.

⚖️ legal & regulatory

On the regulatory front, Xenia Broking has witnessed rebranding and ownership changes due to acquisitions. These changes indicate a dynamic environment where legal compliance and alignment with new ownership structures are critical. Xenia's positioning will need to adapt continually to the evolving regulatory framework.

• Nexus Underwriting Management rebranded itself as Kentro 🗓 February 23, 2022.
• Brown & Brown completed their acquisition of Kentro, Xenia Broking's parent company 🗓 October 10, 2023.