Reinsurance News

Howden

Howden announces UK launch of Telematics Data Services

31st May 2023

International insurance broker Howden, has announced the launch of its Telematics App & Data Beacon ‘Howden Drive’ in the UK insurance market to help lower motor insurance premiums for customers. Howden Drive will also help to optimise loss ratios for brokers and insurers, as well as to improve road safety. Its ... Read the full article

Howden CAP bolsters surety division with three banking hires

18th May 2023

Insurance broker Howden has made three new senior hires to its CAP’s Surety division, with the addition of Kevin Barrett, Patrick Shields, and Warren Withfield, each based in London. These new appointments demonstrate Howden CAP’s ongoing strategy to recruit specialist talent from beyond the insurance industry, enabling the firm to build ... Read the full article

Morwenna Howell appointed MD of Howden Multinational Client Practice

5th May 2023

International insurance broker, Howden has announced the appointment of Morwenna Howell as Managing Director and Global Practice Leader, Howden Multinational Client Practice. Howell will be joining Howden from Marsh, where she has worked for the past 22 years, and currently holds the position of Managing Director and Global Service Leader in ... Read the full article

Howden names Karl-Heinz Holz new CEO for Germany

25th April 2023

International insurance broker Howden has appointed Karl-Heinz Holz as new CEO of Howden Deutschland AG, taking over from Luigi Sturani, CEO of Europe, who has served as interim CEO of Germany in recent months. In the new role, Holz will focus on further strengthening customer satisfaction and integrating the comprehensive service ... Read the full article

Howden launches Marine & Energy business in Norway with WTW’s Frode Lund

13th April 2023

International insurance broker Howden has announced the launch of its Marine & Energy business in Norway, which is set to be led by WTW’s Frode Lund, who will assume the position from August 1, 2023. The new initiative is set to drive footprint for Howden within the region, and also represents ... Read the full article

M&A boom continues amid economic uncertainty: Howden

13th April 2023

Howden M&A, the international M&A insurance broker, has reported that the “boom” in merger and acquisitions (M&A) activity continues to play out as deal makers look to take advantage of the uncertain economic environment. The broker’s M&A Insurance Claims Report analyses some of the key trends across the UK and Europe, ... Read the full article

SRCC risks elevated globally with claims rivalling nat cats in some parts: Howden

11th April 2023

Risks related to strikes, riots and civil commotion (SRCC) have become elevated in advanced and emerging economies, with insured losses from these events in certain hot spots now comparable to major natural catastrophes, according to insurance and reinsurance broker Howden. Growing discontent across the globe linked to inequality, the cost of ... Read the full article

Howden establishes presence in Bahrain to bolster growth in the Gulf

5th April 2023

International insurance broker Howden has received a regulatory license from the Central Bank of Bahrain to establish operations in the Kingdom. The firm states that the establishment of Howden Bahrain adds another key territory to its footprint in the Gulf, where it currently employs over 200 people in Dubai, Abu Dhabi ... Read the full article

80% of insurers planning for significant growth within sustainable energy, Howden’s survey finds

30th March 2023

A recent survey conducted by international insurance broker Howden, shows that 80% of insurers are planning to achieve significant growth within sustainable energy throughout 2023, with an average planned GWP growth of 13% across respondents. The broker’s annual London Market Appetite Survey assesses the underwriting appetite by line of business and ... Read the full article

Howden names Andy Cox as Head of Energy Transition

20th March 2023

International insurance broker Howden has appointed Andy Cox as Head of Energy Transition, effective immediately. Cox holds over three decades of experience in the energy sector, having previously served as a Partner at KPMG. His most recent position there was UK Chair of Energy & Natural Resources, in which he was responsible ... Read the full article

Howden acquires Liechtenstein broker to continue European expansion

15th March 2023

International insurance broker Howden, has announced its acquisition of BWV Versicherungsbroker AG (BWV) in Liechtenstein, an independent broker with a portfolio of corporate and private clients. Trading as Howden Liechtenstein AG following completion of the acquisition, the business will be led by Felix Jenny, CEO of Howden Switzerland, Austria and Liechtenstein, ... Read the full article

Howden acquires entertainment broker Franz Gossler

6th March 2023

International insurance broker Howden has acquired Germany's Franz Gossler Insurance Group to bolster its position as a leading sport, film and entertainment broker in Europe. Franz Gossler Insurance Group was founded in 1970 and is an owner-managed company specialising in the field of entertainment, film, event and advertising insurance. The transaction was ... Read the full article

Howden drives UK footprint through acquisition of Reich

3rd March 2023

Insurance broker Howden has announced the acquisition of Reich Insurance Group. Reich is a £100 million GWP business, headquartered in Manchester. The firm serves a variety of UK and international clients, and has over 140 employees. The company is led by Simon Taylor and Danny Lopian. Reich offers a full spectrum of ... Read the full article

Howden utilises Whitespace platform to drive data first approach

24th February 2023

Starting with its North American Property team, global re/insurance broker Howden has adopted the use of the Whitespace Platform to drive its data-first approach. Howden states it has embraced this digital integration so that risks created in its policy administration system can be created instantaneously on the Whitespace Platform, without the ... Read the full article

Howden teams with the UNCDF to build climate resilience for communities in Fuji

23rd February 2023

Insurance broker Howden has teamed up with the UN Capital Development Fund (UNCDF) to help fight climate change within the Pacific. A press release notes that the international insurance intermediary has partnered with UNCDF’s Pacific Insurance and Climate Adaptation Programme (PICAP) to support Fiji’s vulnerable communities, to build resilience and financial ... Read the full article