Reinsurance News

HX targets further growth with Asia launch

18th May 2021 - Author: Luke Gallin

HX, the data and analytics division of Howden Group, has launched in Asia to bring its capabilities directly to clients and carriers in the Asian market.

HXHX Asia will be based at the Group’s regional headquarters in Singapore, enabling it to deploy its data, analytics and technology capabilities directly to the region.

HX is comprised of HX Data, HX Markets, HX Analytics, and xTrade Digital Marketplace. The company’s multi-faceted offering, coupled with Howden’s specialist broking and underwriting expertise, will be unique in the Asian market.

Edward Howland Jackson, formerly of Marsh, has joined as Managing Director to lead HX Markets, Asia. While Hamish Barcroft and Rahul Patil have also joined the team.

HX Markets, Asia will work alongside Howden’s businesses in the Asia region to enhance carrier relationships through advice-led, data-driven solutions.

Goh Chye Huat, Chief Executive Officer (CEO), Howden Asia, commented: “Our businesses across Asia have experienced tremendous growth over recent years. We have reached a scale where it is vital to have a market-leading engagement and distribution strategy. HX’s data and analytics capabilities are unrivalled in the market and we are delighted to have that offering available for our clients and colleagues in Asia.”

Paul O’Neill, CEO Howden Specialty, Asia Pacific, said: “The arrival of Ed and his team is very timely as Howden cements its position as the challenger broker in the Asia Pacific region, offering clients specialist local service with international reach and access to deep global specialty expertise. The capabilities of HX, combined with the strategic intent of Howden Specialty, will provide our clients with optimal solutions to respond to the current challenging environment.”

Barnaby Rugge-Price, Executive Chair, HX added: “We are delighted to be delivering HX’s market-leading capabilities to our multinational and Asian-headquartered clients, adding value beyond the transaction through modelling, risk exposure analytics, digital capabilities and insights. This best-in-class team we’ve hired to lead HX Markets, Asia represents an excellent start as we roll out our strategy for further growth in Asia.”

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