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Christopher Dalrymple appointed Group Chief Legal Officer at Howden
ReinsuranceNe.ws· 2026-02-26 16:40
Howden, the international insurance broking group, today announces the appointment of Christopher Dalrymple as Group Chief Legal Officer, effective 23 March 2026.Dalrymple will support Howden’s growth ambitions, bringing over 25 years of legal leadership across the insurance and financial services sectors, alongside extensive experience in public company governance, private equity, and capital markets.He joins Howden after more than 20 years in senior roles at Alleghany Corporation, a re/insurance holding c ...
Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services
Insurance Journal· 2026-02-04 17:43
Group 1: Arthur J. Gallagher Acquires Reck & Co. - Arthur J. Gallagher & Co. has acquired Reck & Co. GmbH, a specialist provider of global transport and marine claims services based in Bremen, Germany [1][2] - The acquisition is expected to enhance Gallagher Bassett's claims service offerings in Europe, leveraging Reck & Co.'s strong reputation in the global marine insurance market [3] - The Reck & Co. team will continue to operate under their current leadership, ensuring continuity in service delivery [2] Group 2: Howden Acquires Polygon Insurance Brokers Ltd. - Howden has acquired Polygon Insurance Brokers Ltd. (PIBL), a retail insurance broker in the Channel Islands, to strengthen its service capabilities in Jersey and Guernsey [3][4] - PIBL specializes in insurance solutions for the offshore financial services sector, high net worth individuals, and family offices, focusing on professional indemnity and cyber liability products [5][6] - The acquisition is part of Howden's strategy to expand its business in the Channel Islands, following its recent purchase of ARM Holdings [8] Group 3: Clear Group Acquires Gauntlet and Shire Insurance Services - Clear Group has acquired Gauntlet Appointed Representative Network and Gauntlet Retail Brokers to enhance its Brokerbility network for independent brokers in the UK [11][12] - The acquisition of Shire Insurance Services, a specialist broker in the veterinary sector, adds to Clear Group's portfolio and expertise in this niche market [19][21] - Both acquisitions aim to provide better support and resources for independent brokers, facilitating their growth and operational efficiency [16][18]
Howden to buy US transaction liability broker Atlantic Global Risk
Yahoo Finance· 2026-01-06 11:16
Group 1 - Howden has agreed to purchase Atlantic Global Risk, a top five independent transaction liability insurance broker in North America, with undisclosed financial terms [1] - Atlantic Global Risk, founded in 2017, offers services including representations and warranties insurance, contingent risk insurance, tax liability insurance, and credit risk insurance [1] - The acquisition aims to enhance Howden's retail broking presence in the US and create a global leader in transaction liability insurance [3][4] Group 2 - The integration will allow clients to benefit from a broader product offering and access to more experts across various geographies [3] - Atlantic Global Risk employs over 110 people and serves clients in Canada, the US, and Latin America [2] - Howden's CEO emphasized that this acquisition is a cornerstone for expanding their expertise and service capabilities in the US market [5]
Howden buys Atlantic Group in U.S. expansion
Digital Insurance· 2026-01-05 20:47
Core Viewpoint - Howden, a UK insurance broker, has agreed to acquire Atlantic Group, a specialist in M&A protection, as part of its strategy to expand rapidly in the US market [1][5]. Group 1: Acquisition Details - The deal values Atlantic Group at over $500 million, with its founders reinvesting a substantial portion of their equity to become shareholders of Howden [2][5]. - Atlantic Group, founded in 2017, has over 110 employees and provides protection against breaches of warranties, tax, and credit risks related to M&A in the US [2][3]. Group 2: Strategic Goals - The acquisition aims to create a "global powerhouse" to attract business from leading private equity firms and their portfolio companies [4]. - Howden is positioning itself to compete with major global brokers such as Marsh & McLennan, Aon, Arthur J. Gallagher, and Willis Towers Watson [5]. Group 3: Market Context - The demand for M&A protection has increased over the past decade, driven by significant deal-making activity from buyout firms amid low interest rates [5]. - Howden previously considered acquiring Risk Strategies to enter the US retail broking market but opted to establish its operations independently by hiring staff from competitors [6]. Group 4: Company Background - Howden is owned by 5,300 employee-shareholders and private equity firms, with its equity valued at £10 billion ($13.4 billion) in 2024 [7]. - The company's enterprise value, including debt, is £20 billion, and it has been considered a candidate for an initial public offering (IPO) by 2030 [7][8].
Howden Buys M&A Insurance Broker Atlantic Group in US Expansion
Insurance Journal· 2026-01-05 12:33
Core Viewpoint - Howden, a UK insurance broker, has agreed to acquire Atlantic Group, a specialist in M&A protection, as part of its strategy to expand rapidly in the US market [1][5]. Group 1: Acquisition Details - The deal values Atlantic Group at over $500 million, with its founders reinvesting a substantial portion of their equity to become shareholders of Howden [2]. - Atlantic Group, founded in 2017, has over 110 employees and is based in New York [2][3]. Group 2: Strategic Goals - The acquisition aims to create a "global powerhouse" to attract business from leading private equity firms and their portfolio companies [4]. - Howden is already the largest transaction liability insurance broker outside the US and seeks to enhance its presence to compete with major global brokers like Marsh & McLennan, Aon, and Willis Towers Watson [3][5]. Group 3: Market Context - The demand for M&A protection has increased over the past decade, driven by significant deal-making activity among buyout firms, supported by low interest rates [5]. - M&A protection helps sellers receive more proceeds upfront while providing buyers with recourse [5]. Group 4: Company Background - Howden is owned by 5,300 employee-shareholders and private equity firms, with its equity valued at £10 billion ($13.4 billion) in 2024 [8]. - The company's enterprise value, including debt, is £20 billion [8]. - Howden has been considered a candidate for an initial public offering (IPO), with plans to complete it by 2030 [9].
DUAL Europe names new leaders for transactional liability insurance
Yahoo Finance· 2025-12-15 10:58
Group 1 - DUAL Europe has appointed Amaury Berhault and Jaume Benajiba as managing directors to lead its transactional liability insurance operations in Europe, both bringing over 17 years of experience in transactional liability underwriting [1][2] - Berhault aims for DUAL to become the number one globally in all lines of M&A, emphasizing the importance of setting a new benchmark for excellence in transactional liability [2] - Benajiba expressed excitement about building a best-in-class transactional liability platform at DUAL, focusing on competitive offerings aligned with broker and client needs [4] Group 2 - DUAL Europe's services include warranty and indemnity insurance, tax liability insurance, title insurance, and contingent risks insurance for complex transactions [4] - In September 2023, DUAL Europe expanded its marine portfolio by starting a cargo insurance business, appointing Chris Wittoeck as head of Cargo [5]
Howden US appoints Aon’s Ben Hanback as EVP
ReinsuranceNe.ws· 2025-10-23 12:30
Core Insights - Howden has appointed Ben Hanback as Executive Vice President (EVP) for Howden US, indicating a strategic move to enhance its leadership team and expand its operations in the US market [1][2] Group 1: Appointment Details - Ben Hanback will be based in Nashville, Tennessee, and will report to Mike Parrish, CEO of Howden US [2] - His role will focus on rapidly expanding Howden's US Health & Benefits team and supporting growth in Tennessee and the broader Mid-South region [2] Group 2: Experience and Background - Hanback brings nearly 35 years of industry experience, having previously worked at Aon for almost 10 years as Managing Director and Market Leader [3] - His prior roles include Senior Vice President of Employee Benefits at Regions Financial Corporation and leadership positions at Hanback, Colonial Life, and Unum [3] Group 3: Strategic Vision - CEO Mike Parrish emphasized that Hanback will help build a new business in the US, contributing to the company's mission of providing clients and carriers with greater choice and flexibility [4] - Hanback expressed enthusiasm for Howden's employee ownership and people-first culture, highlighting the company's ambition to create a brokerage with global capabilities and top-tier talent [5]
Howden to buy Gravitas Insurance Agency in US
Yahoo Finance· 2025-09-19 09:08
Core Viewpoint - Howden is acquiring Gravitas Insurance Agency to enhance its capabilities in the Sport & Entertainment sector and expand its presence in the US market [1][2][3] Group 1: Acquisition Details - Howden is set to acquire Gravitas Insurance Agency, a US-based retail brokerage focused on contingency insurance for the entertainment sector [1] - Gravitas was founded in 2022 by John Tomlinson, who previously led entertainment operations at Lockton [1] - Financial details of the transaction have not been disclosed, and the deal is subject to customary closing conditions [3] Group 2: Strategic Importance - The acquisition is part of Howden's broader strategy to expand its Sport & Entertainment capabilities in the US [2] - Howden has made several recent acquisitions in the Sport & Entertainment space globally, including brokers in Germany, the UK, and Spain [2] - Howden's vice-chair emphasized the commitment to creating opportunities through a mix of talent and strategic acquisitions [3] Group 3: Leadership Perspectives - John Tomlinson, founder of Gravitas, highlighted the long-standing partnership with Howden and the potential for enhanced service delivery to clients [4] - The collaboration is expected to strengthen Gravitas's ability to serve the entertainment community effectively [4]
沙特与英国签署超3.6亿英镑的投资计划
Shang Wu Bu Wang Zhan· 2025-09-15 16:03
阿拉比亚电视台9月4日报道,沙特阿拉伯和英国在伦敦举行的"伟大未来"峰会上签署了价值3.6亿 英镑的投资协议。协议共38项,涵盖金融、生命科学、能源及矿业、文化创意产业、教育等领域。这些 项目涉及清洁能源、专业服务和金融领域。涉及英国的主要投资包括Alfanar价值9400万英镑的伦敦交 通脱碳总部、International Investment Gate将管理价值5.5亿英镑的英国资产和价值6000万英镑的房地产 基金。涉及沙特的主要项目包括Howden的再保险业务,Control Risks在沙设立地区总部,Salica Investments推出的价值7500万美元基金以支持当地科创企业。 (原标题:沙特与英国签署超3.6亿英镑的投资计划) ...
DUAL Group partners with KYND to bolster cyber insurance offerings
Yahoo Finance· 2025-09-10 11:46
Core Insights - DUAL Group has partnered with KYND to enhance its cyber insurance services, starting in Australia and New Zealand with plans for a global rollout [1][4] - The collaboration aims to provide brokers and clients with advanced risk assessment tools and ongoing monitoring of cyber risk profiles [2][3] Group 1: Partnership Details - The initial phase of the partnership will focus on Australia and New Zealand, with a subsequent global launch planned [1] - Clients will receive a KYND Signals report with each cyber insurance quote, detailing a risk profile based on over 250 factors [2] Group 2: Service Features - The new services will include ongoing monitoring through KYND ON, allowing clients to identify and address potential cyber threats in real time [2][3] - Alerts for emerging threats that could compromise data security will also be part of the offering [3] Group 3: Strategic Importance - DUAL Group's chief innovation officer emphasized the commitment to innovate in cyber solutions, empowering clients with actionable insights [3] - KYND's CEO highlighted the significance of the partnership, noting DUAL's global scale and commitment to innovation in the cyber landscape [4]