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Howden Broking boosts division with broker swoop

Howden Broking boosts division with broker swoop | Insurance Business UK

Howden Broking boosts division with broker swoop

Howden Broking has expanded its existing health & care division by acquiring specialist insurance broker Medical Professional Risk Solutions (MPRS).

“We are thrilled to announce our partnership with Howden, a business that feels like an instant cultural fit for the MPRS team and a natural home for an independent business like ours to flourish,” said MPRS founders James Dunsby and Chesney Phelps in a joint statement.

“We share the same approach to client centricity, innovation, and entrepreneurship, which is fundamental to our future success and our clients. The MPRS journey so far has been an exciting one, and we look forward to continuing the successful development of the business within Howden.”

MPRS, which came to life in 2014, specialises in accident & health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice, and general practitioner federations across Britain.

Commenting on the swoop, financial terms of which were not disclosed, Howden health & care chair Mark Westgarth stated: “We are delighted to welcome James, Chesney, and the wider MPRS team to Howden. The acquisition of MPRS is consistent with our strategy of growing and creating specialist lines of business and developing our offering for clients.

“The events of the last 12 months have reminded us of the pivotal role both primary and social care providers play in our society. The acquisition reinforces our commitment to these essential services, and we are confident that together we can provide unrivalled support to medical professionals and healthcare organisations right across the UK.”