2 out of 3 axiom and simplicial sets

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Let $i\colon\mathcal W\to\mathcal C$ be the inclusion of a subcategory. Unless I'm mistaken, the 2 out of 3 axiom for $\mathcal W$ to be a category of weak equivalences can be expressed as the existence of the dotted arrow in

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where $\mathrm N$ is the nerve of a category; in other words, $\mathrm N(i)$ is a fibration.

Is this idea used anywhere, maybe in the homotopy theory of model categories?