Howden, the global insurance group, announced today that it will consolidate its structure under one global executive, with insurance broking, reinsurance broking and underwriting reporting directly to the CEO. David Howden.
The restructure will be effective on October 1, 2023 and the holding company and broking operations will rebrand under the Howden name and a visual identity by October 2023.
UK&I broking operations will be led by Barnaby Rugge-Price, now deputy chair, Howden Broking Group. He is supported by the Deputy Chairs Paul Redgatenow CEO Global Specialty, and Mark Woodwho is now head of Global Practices.
Sarah Hugheswho is now CEO UK Specialty, will lead Howden Specialty, which will combine the existing UK Specialty, Global Specialty and Howden CAP businesses.
Carl Shuker lead the UK&I retail broking operations.
Andy Bragoliwho is now executive chair of Global Specialty will become global head of Placement.
Luigi Strani will continue to lead broking operations in Europe, supported by Salvador Marin as CEO Northern Europe and Danny Sever as chairman. Howden’s operations in Turkey will form part of the European region.
Asia Pacific, with Goh Chye Huat and Matt Bacon leading Asia and the Pacific, respectively, will be led by Mark Wood.
India, Middle East & Africa and LatAm will be led by Sonia Caamañowho is now CEO International Growth Markets, and led by Paul Redgatewith Richard Mockett as CEO MEA, and Pablo Bores as CEO Latam
Rob Bredahl lead Howden Tiger as CEO, supported by rod fox as executive chairman, Tim patrol as president, and Elliot Richardson as vice chair.
Richard ClaphamCEO, and Kieran Sweeneyexecutive chairman, will continue to lead DUAL.
Olaf Jonda, Damien Coates and John Johnson continued to lead in Europe, Asia Pacific and US, respectively.
Jose Manuel GonzalezCEO Howden Broking Group, will retire from executive positions and will remain with the group as special advisor, CEO Office, as well as becoming chair of Howden Iberia, which he founded.
González took over as CEO of the broking group in 2018. Under his leadership, by attracting and aligning a strong team the business grew from £500 million to £2 billion in revenue in five years. stage.
“As I said last year when we announced that we had reached an agreement to acquire TigerRisk Partners, we have completed the architecture of the group,” according to David Howden, in a statement.
“As we embark on the next phase of our growth, it is important that we have the right structure in place so that we can come together as one to leverage our collective power, protect our culture, and ensure that we face our clients and market as one. business. We will do this with our retail, specialty, reinsurance and underwriting leaders working together as a management team,” he added.
“Our operating model and infrastructure are key to our sustainable growth and we will continue to invest significantly in our services and support functions to allow our experts to continue to do what they do best – serving the our clients.”
Founded in 1994, Howden operates in 50 countries across Europe, Africa, Asia, the Middle East, Latin America, the USA, Australia and New Zealand, employing 14,500 people and managing $30bn in premiums for clients.
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