Howden

 

Headquarters address

One Creechurch Place, London EC3A 5AF, United Kingdom

Revenue

£3.01 billion (2024)
Adjusted consolidated EBITDA £922.2 million (2024)
Size (employees) 5,300
Global offices Belgium, Cyprus, Estonia, Finland, Germany, Greece, Iceland, Israel, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, Australia, Hong Kong, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Brazil, Chile, Colombia, Mexico, Oman, UAE, Tanzania
Underwriting Expertise Business, motor, private medical, and travel insurance
Key People David Howden (Group CEO)

About Howden
Howden is part of the Howden Group Holdings and provides insurance broking, risk management, and claims consulting services worldwide. The company supports clients through more than 15,000 specialists in over 90 territories worldwide. It offers wholesale and reinsurance policies for individuals, companies, and professionals in various industries.

Howden believes that putting its people first will grow the business and help the company support customers better. About 1,300 of its employees currently hold approximately 35% of shares in the company.

History of Howden
Howden was founded in 1994 to build solutions around clients by accessing global knowledge and expertise that are appropriate for solving risks. Over the years, the company has focused on putting its people first to grow the business and support customers properly.

In 2019, Howden acquired independent employee benefits broker Norwegian Insurance Partner AS (NIP) to become a top-five broker in the country and a market leader in employee benefits. It also acquired independent Greek broker Matrix Insurance & Reinsurance Brokers to enhance the company’s offerings.

In October 2023, the global insurance group announced the consolidation of its worldwide broking operations under one unified name – Howden.

Leadership at Howden

David Howden – CEO
Howden founded the eponymous insurance intermediary group as a specialist D&O brokerage in 1994, originally employing just three people. The company has since expanded into an international insurance group offering wholesale, retail, and reinsurance broking and underwriting.

As chief executive, Howden focuses on leading the firm’s M&A activities and directing and implementing its strategic growth and direction. Howden started his career as a broker at Alexander Howden in 1981.

Culture at Howden
Howden recognises the importance of corporate social responsibility (CSR) on its people, business, and local communities. As a result, it develops initiatives that would help it deliver its strategic aims and create a healthy working environment for its employees.

Howden established the Howden Group Foundation in March 2014 to align its donations and other initiatives with its objectives: relief of sickness, poverty, unemployment, and disasters; the advancement of education; and environmental stability. The employees participate in the selection of charities or organisations to support, while the company matches up to £750 of fundraising per employee each year.

In 2018, the company launched the charity initiative Million for a Million. It aims to raise US$1 million by encouraging employees and key business partners to take part in fundraising events and challenges in support of Black Dog Institute, Cancer Research UK, InteRed, and Plastic Oceans.

Supertanker values overtake newbuilds: what it means for hull and risk cover
A freight-rate frenzy in the Gulf has upended the normal rules of ship valuation
Supertanker values overtake newbuilds: what it means for hull and risk cover
Marine insurers count $2bn bill as Rotterdam gathering weighs market "dependent" on politicians
The market has stayed open throughout, but the price reflects a conflict with no clear end
Marine insurers count $2bn bill as Rotterdam gathering weighs market "dependent" on politicians
Hormuz war-risk rates face fresh pressure as Iran-US clashes resume
The June MOU has expired and hostilities have resumed, raising immediate questions for brokers placing Gulf cover
Hormuz war-risk rates face fresh pressure as Iran-US clashes resume
Verisk posts steady Q2 growth, acquires McKenzie Intelligence Services
Rising subscription revenue and a new catastrophe intelligence deal come alongside legal cost pressure and a softening property market
Verisk posts steady Q2 growth, acquires McKenzie Intelligence Services
The maritime cover gap brokers can't ignore
A record officer shortage is forcing insurers to cover seafarers long after they step off the gangway
The maritime cover gap brokers can't ignore
Shipping tensions leap as Trump says Hormuz ceasefire is “over”
“They’re liars, they’re cheats, they’re sick people” says President
Shipping tensions leap as Trump says Hormuz ceasefire is “over”
The Hormuz war risk market isn’t printing money. Here is what it is doing
Are there underwriting profits for the sector down the track?
The Hormuz war risk market isn’t printing money. Here is what it is doing
Hormuz reopening may not bring immediate relief as marine insurers keep guard up
The agreement marks a positive step, but the path back to normality is still unclear
Hormuz reopening may not bring immediate relief as marine insurers keep guard up
Trump vows US "must respond" after Iran shoots down Apache helicopter
Marine war risk markets face renewed pressure as presidential retaliation pledge deepens an already fragile security picture at the world's most critical oil chokepoint
Trump vows US "must respond" after Iran shoots down Apache helicopter
I call the shots says Trump. Netanyahu ignores him and rekindles Iran conflict
War-risk premiums face fresh repricing, Hormuz hopes fade, and oil pushes toward US$100 as the Middle East's fragile ceasefire shatters overnight
I call the shots says Trump. Netanyahu ignores him and rekindles Iran conflict
Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB CA.