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News of the purchase follows the inaugural transaction by Nexus' broking platform Xenia.
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The broker also confirms the appointment of Nick Fearon to its wholesale team.
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Credit & Business Finance will integrate with Nexus’ Credit Risk Solutions “in due course”.
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London-headquartered MGA looking to expand broking beyond trade credit.
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Scott joined the broking group in 2014.
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Rob Brown and Dawn Bhoma will advise a new transactional risk consortium, which is providing capacity to the duo’s MGA.
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Deals are still a major driver for growth, insurance and broker executives told delegates at the Insider US event.
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The venture will target the UK mid- to high-net-worth market.
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The Swiss carrier teams up with Allianz-backed Fusion.
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The $700mn Latin American fac facility is led by Travelers, and also includes Hiscox and Beazley.
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The executive will report to Stuart Hollander, who leads the company that was created through the acquisition of AmTrust fee businesses.
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Gladwell is joined by his former colleague at Upstream Brokers Misty Phillips.