International insurance broker Howden has announced plans to acquire Assimovie, a television, film and advertising insurance broker in Italy.
The acquisition will make Howden the largest TV and Film production broking house in Italy and represents its ambition to expand its Sport and Entertainment operations in Europe.
Founded in 2013 by Valeria and Camilla Guglielmotti, Assimovie has a portfolio of film production insurance originating from wholesale broking and direct activity.
“Valeria, Camilla and the team at Assimovie provide the skills and local market expertise that will allow Howden to expand and enhance its Sport and Entertainment offering both in Italy and across Continental Europe,” said Duncan Fraser, Sport and Entertainment Global Practice Leader at Howden.
“Their specialist and market leading position seamlessly aligns with our strategy for the Italian Sport and Entertainment sector and ambition to capitalise on anticipated growth in the European market more broadly.”
Enrico Nanni, Chief Commercial Officer of Howden in Europe, also commented: “Assimovie shares our strong entrepreneurial spirit and people-first culture, built around employee ownership, making it the perfect partner as the Group grows its unique range of specialty solutions for clients.