Xenia Broking

Season’s Greetings from all of us at Xenia! As the year comes to a close, we want to express our heartfelt gratitude to all our customers and insurer partners for your support and trust this year. Wishing you and your loved ones a joyful festive break.

We are pleased to welcome Callum Griffiths who joins Xenia today as Head of Surety.   Callum has worked within surety for nearly a decade, providing bespoke solutions across a variety of different sectors. In his new role, he will lead the development and growth of Xenia’s surety offering and team.   This appointment is of strategic importance for Xenia and demonstrates our commitment to further enhancing our market position in this sector.   With his broad experience and industry knowledge, we are excited to welcome Callum to the team!   #People #Team #TradeCreditInsurance #TradeCredit

The number of registered company insolvencies in England and Wales was 1,966 in November 2024, 13% higher than in October 2024, new figures have revealed. This figure consisted of 254 compulsory liquidations, 1,565 creditors’ voluntary liquidations (CVLs), 132 administrations, 14 company voluntary arrangements (CVAs) and one receivership appointment. The number of insolvencies remains much higher than those seen during the COVID-19 pandemic and between 2014 and 2019. Get in touch with us to learn how we can support your business. https://lnkd.in/etX9Ydj2 #Insolvencies #Business #UKInsolvencies

Credit insurance replaces money lost through customer non-payment, enabling your business to continue trading normally. Credit insurance protects businesses against the risk of a customer finding itself unable to pay for goods and services supplied and potentially your work in progress. It is a dynamic form of insurance, adapting as customer profiles and business needs change. We can help make sure your business is adequately protected. Contact Mike Lawrence to find out more. #TradeCreditInsurance #Insurance #Insolvency #RiskManagement #Risk #Growth #Innovation 

The latest S&P Construction PMI has seen the strongest rise in commercial construction activity for two-and-a-half years, new figures have revealed. November PMIs saw a tracker rating of 55.2, up from October’s 54.3, demonstrating an acceleration in the expansion of overall construction activity. The data highlighted what it describes as a "robust upturn in UK construction output". However, the report also saw a loss of momentum for new work, alongside concerns about rising employment costs. Find out more: https://lnkd.in/eedPreri

Congratulations to Ellen Mason on reaching her 5th work anniversary with Xenia. Ellen works as an Account Manager at our Birmingham office. Ellen said: “Since joining Xenia the time really has flown by and I look forward to what the next 5 years has in store! I have the pleasure of working alongside some of the most supportive, knowledgeable and ambitious individuals in the industry who have helped me to progress my career. The current economic climate has presented many challenges within the industry, and I hope to continue to provide clients with valuable information and solutions to enable their businesses to grow well into the future.” Well done Ellen on this fantastic achievement! #TradeCredit #TradeCreditInsurance #People #Team 

Credit insurance facilitates access to customer intelligence that can provide an early warning of potential default. It also allows you to identify high risk customers and reduce exposure or focus credit management attention. Credit insurance protects businesses against the risk of a customer finding itself unable to pay for goods and services supplied and potentially your work in progress. It is a dynamic form of insurance, adapting as customer profiles and business needs change. We can help make sure your business is adequately protected. Contact Mike Lawrence to find out more. #TradeCreditInsurance #Insurance #Insolvency #RiskManagement #Risk #Growth #Innovation

Credit insurance helps reduce uncertainty when dealing with new prospects, moving into new markets or territories, and extending credit to existing customers as it provides a safety-net against unforeseen losses or a distressed economic period. Credit insurance also protects businesses against the risk of a customer finding itself unable to pay for goods and services supplied and potentially your work in progress. It is a dynamic form of insurance, adapting as customer profiles and business needs change. We can help make sure your business is adequately protected. Contact Mike Lawrence to find out more. #TradeCreditInsurance #Insurance #Insolvency #RiskManagement #Risk #Growth #Innovation

The construction sector is forecast to see 8% growth in output in 2025 followed by a 10% increase in 2026, according to a new report. Glenigan's UK Construction Industry Forecast 2025-2026 revealed that this would translate to £74.3bn in the value of underlying project-starts in 2025, then £81.9bn in 2026. Glenigan claimed project starts are expected to strengthen as UK economic growth gathers pace and public investment is projected to rise in the second half of the forecast period. Find out more: https://lnkd.in/en4wvuPg

Our team were pleased to attend the celebration of Women in Credit Insurance at the inaugural awards event. Huge congratulations to all the winners! What an inspiring evening celebrating women in our industry. Thank you to Sarah Murrow for her passion for this important cause and making the event happen. We look forward to continuing on this journey with you all. #TradeCredit #TradeCreditInsurance #People #Awards #WomeninCreditInsurance