Global insurance and reinsurance broker Howden has appointed Emily Almond as divisional Chief Executive Officer (CEO) and Sebastiano Doria as Chair of its Global Financial Sponsors practice.
This team will sit alongside Howden’s existing global expertise, including its Capital, Advisory and Placement (CAP) team. The pair will be responsible for establishing and managing how Howden serves the private capital sector globally.
The broker explained that clients in this sector have unique needs for tailored risk advisory and insurance solutions that support them throughout the investment lifecycle.
The broker’s capabilities were recently strengthened by the acquisition of Atlantic Global Risk, an independent transactional liability insurance broker in the US, and by a series of strategic appointments in its Asian transactional liability team.
Almond has over 18 years of experience advising private capital investors on M&A, risk mitigation and transfer to resolve their portfolio company operational risks. Most recently, she served at Marsh as the Chief Client Officer.
Doria is a 25-year private equity insurance industry veteran and was formerly the Managing Director and Vice Chairman, Global and International Private Equity of Marsh. In the role, he advises boards, CEOs and CFOs, financial sponsors and corporates.
David Howden, CEO and Founder, Howden, commented, “What sets Howden apart is our ability to attract and harness the best expertise in the market across the world. With Emily and Sebastiano, we continue to strengthen our global service for private capital clients, building on our recent investment in talent in the US and Asia and our existing strong transactional liability capabilities.”
Sarah Hughes, CEO, Howden Specialty, added, “I am delighted that Emily and Sebastiano have chosen to join Howden to help us design a coordinated global offering for this important sector. It is a further example of our commitment to investing in the very best talent across the globe.”
