Global insurance group, Hyperion Insurance Group, has announced that it has changed its name to Howden Group Holdings.
The change will take place effective immediately and will flow through the other parts of the Group with Hyperion in the name.
This includes the Hyperion Foundation, the Group’s charitable arm, which will be known as the Howden Group Foundation and Hyperion X, which will now trade as HX.
The Group was founded in 1994 as Howden Pangborn. The Hyperion name came into existence after the launch of DUAL in 1998.
David Howden, CEO, Howden Group Holdings said: “As we set our sights on the next 25 years as a business approaching £1bn in revenue with 8,000 employees and operations in 40 countries, our broking operations united under the Howden brand, and DUAL taking the lead in the industry in defining what the underwriting business of the future looks like, it is the right time for us to bring further simplicity and authenticity to the Group and to take on a new old name.
“I have always been clear that we are building a sustainable business with a difference, and as we grow we must ensure that we both stay true to our roots and the culture that got us to where we are today, whilst facing forward with the right proposition for our employees and our clients.”
