Insurance broker Howden has announced the rebranding of the recently-acquired Matrix group, a set of companies acquired in April 2020.
Under the new Howden name, the group will continue to provide bespoke treaty, facultative, structured reinsurance alongside other value-added services to its clients.
“We are incredibly excited about the future possibilities that collectively we can achieve under the Howden name,” said Gary Ankcorn, CEO of Howden, South Africa.
“Our steadfast commitment to independence gives our people the freedom to deliver the best possible solutions for our clients whilst offering unrivalled access to the foremost experts in the market.
“We see the potential for our shared priorities and values to shape an optimal environment for further business development and the delivery of tailor-made services and competitive premium options.
Jose Manuel Gonzalez, CEO Howden, added, “We have always believed, and certainly our actions over the past eighteen months have shown, that our expansion strategy is focused on partnering with talented individuals and exciting, culturally-aligned businesses.
“The acquisition of Matrix has been a real example of the success of this approach – a business that truly shares our commitment to our clients, to expertise and to our people. We are confident our team in South Africa will provide a compelling platform for growth and we will back them as they pursue their ambitions for this market.”