Howden expands fine art and jewellery insurance with key deal

Specialist team bolsters its tailored insurance offerings in the UK

Howden expands fine art and jewellery insurance with key deal

Mergers & Acquisitions

By Kenneth Araullo

Howden has announced the acquisition of David Codling and Associates, a move that expands its presence in the fine art, specie, and jewellery insurance sector. The integration of David Codling and Associates into Howden’s Jewellery team is effective immediately.

David Codling and Associates has operated in the Jewellers Block insurance market for more than 20 years. The firm is recognised for its expertise and industry knowledge in this specialist area.

Howden said that the addition of the team will bolster its UK Jewellers Block proposition and enhance its ability to provide tailored solutions to clients in the jewellery sector.

“With a history of over 20 years in Jewellers Block insurance, David Codling and Associates brings unparalleled expertise and deep industry knowledge in this specialist area. Their addition significantly strengthens our UK Jewellers Block proposition, enhancing our ability to deliver exceptional value and tailored solutions to clients across the Jewellery sector,” said Barry Vickery (pictured above), global leader of fine art, specie & jewellery at Howden.

Howden indicated that the collaboration is expected to generate new opportunities for clients, partners, and teams.

In parallel with this acquisition, Howden has continued to strengthen its leadership in the UK market. Earlier this month, the company appointed Mike Dalby as CEO of Howden Consumer & Local Commercial (CLC). Dalby, who also leads the Consumer Life and Health division, is tasked with driving the growth of Howden’s UK high street business and has overseen the integration of multiple businesses under a single brand.

Howden has also expanded its advisory capabilities through recent acquisitions. The company agreed to acquire Barnett Waddingham, a UK-based professional services consultancy with a focus on risk, pensions, investment, and insurance. This acquisition is expected to strengthen Howden’s pensions advisory offering and broaden its reach, as Barnett Waddingham operates from 10 offices and serves a diverse client base.

In addition, Howden Scotland has acquired a book of business from SKB Independent Insurance Brokers Limited, an Edinburgh-based firm. The SKB business will be integrated into Howden Scotland’s Edinburgh team.

What are your thoughts on this story? Please feel free to share your comments below.

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!