Howden Specialty News

How Cloud Downtime Insurance Became a Thing

A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not cover these significant losses. That’s why the founders of Parametrix Insurance came …

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 …

People Moves: WTW’s Hegelbach to Newly Created Renewable Energy Role at Howden; Browne Is Division President, Consumer Lines, APAC, for Chubb

Howden Specialty announced the appointment of Severin Hegelbach as divisional director. In this newly created role, Hegelbach will lead a renewable energy advisory service, focused on providing in-depth risk advice for clients, sponsors, lenders, investors, retail and other partners. The …

People Moves: Howden Adds Wijaya from Willis; LSM’s Simon Joins Brit; Lockton Re Hires Acrisure Re’s Shaw

Independent broker Howden Specialty has appointed Surya Wijaya to its Natural Resources division in Asia Pacific, adding to its capabilities across the power and energy sectors both regionally and globally. Wijaya’s experience includes roles at Aon, JLT and Marsh JLT …

Broker Howden Launches Retail Operation in Switzerland, with Aon’s Jenny as CEO

Howden, the London-based insurance broker, announced that it has appointed Felix Jenny to lead its new retail operation in Switzerland. Howden Switzerland will form an important part of Howden’s European business, delivering local market expertise to the group’s multinational client …