The move, according to a statement from Howden, will allow it to deploy its data, analytics and technology capabilities directly to clients and carriers in the Asian market.
Under the HX brand are four areas of expertise: HX Data, HX Markets, HX Analytics and xTrade Digital Marketplace. According to Howden, this multi-faceted offering, combined with its specialist broking and underwriting capabilities, is a first in the Asian market and will set new standards for engagement, trading, technology and advisory.
“Our businesses across Asia have experienced tremendous growth over recent years,” said Goh Chye Huat, CEO of Howden Asia. “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.
“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,” said Paul O’Neill, CEO of Howden Specialty, Asia-Pacific. “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.”
HX was formed in 2019, as part of the Howden Group’s effort to digitally transform its business in response to client needs. It currently has over 150 employees in its London headquarters.
