Howden: Everything you need to know
Headquarters address |
One Creechurch Place, London EC3A 5AF, UK |
---|---|
Revenue |
£1.84 billion (2022) |
Adjusted consolidated EBITDA | £565 million (2022) |
Size (employees) | 10,500 |
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 (CEO), Barnaby Rugge-Price (deputy chair), Carl Shuker (CEO, UK & Ireland Howden Broking Group), Diahann Williams (HR director), José Manuel González (CEO, Howden Broking Group), Kieran A. Sweeney (executive chair, DUAL Group), Louise Cable-Alexander (chief of staff), Lyn Grobler (chief information officer), Mark Craig (chief financial officer), Peter Blanc (executive Chairman, UK & Ireland Howden Broking Group), Rebecca Scott (chief risk officer), Richard Clapham (CEO, DUAL Group), Will Bloomer (chief corporate & legal affairs officer) |
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.
"My life was entirely back to front"
Partners provide efficient cyber coverage that ties protection measures with policy terms
New team to focus on broking, risk advisory, and modelling
New leadership brings expertise in motor reinsurance and capital solutions
Evacuation plans, emergency supplies, and securing homes are essential