Howden Broking News

Howden Acquires Italy’s Tower SpA

Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and risk consulting company. This follows the acquisition of the highly regarded Andrea Scagliarini SpA in July 2021, and reinforces Howden’s commitment to …

Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises

Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved their risk profiles by de-risking and elevating risk management, according to a recent report published by Howden. And that frustration …

COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden

Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind Hurricane Katrina and the 9/11 attacks, insurance broker Howden said on Tuesday. However, initial projections of $100 billion-plus for COVID-19 …

Malaysia’s Malene Insurance Brokers Renamed Howden Takaful Brokers

Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene will operate as Howden Takaful Brokers, a fully dedicated Takaful specialist. Howden Takaful Brokers’ team of 30 specialists offers bespoke …

Howden Acquires UK Specialist Broker Ross Insurance Group

Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK business. Ross Insurance Group currently offers a broad range of …

Howden Acquires Specialist Broker Expat Marine in Hong Kong

Howden, the international insurance broker, announced the acquisition of the assets of Expat Marine Ltd. (EML), a specialist insurance broker providing employee benefits and general insurance products and advice to clients in Hong Kong. Financial terms of the deal were …

Howden Broking Launches New Zealand Operations

Howden, the international insurance broker, announces the launch of operations in New Zealand with Howden Broking and Howden Care — its local workplace claims management, rehabilitation and wellness business. The launch reinforces Howden’s ambitious growth plans in the region since …

Howden Acquires Bermuda-Based Insurance Broker Foram

Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda. Financial terms of the transaction were not disclosed. Foram is an independent re/insurance broker that provides speciality brokerage services in …

MGAs Can Build Broker Relationships – Even in a Hard Market: Aston Lark’s CEO

How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide capacity? After more than 25 years as a broker, Peter Blanc, CEO of the Goldman Sachs-owned consolidator broking group, Aston …

Howden Acquires Norwegian Broker Aneco Forsikringsmegling AS

Howden, the London-based international insurance broker, announced the acquisition of Oslo-based retail broker Aneco Forsikringsmegling AS. Howden said the acquisition affirms its position as one of the leading non-marine insurance brokers in Norway, providing clients with greater choice and a …