Thursday, December 9, 2021

Howden Soaps for Bermuda Broking Farm

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International insurance brokers Howden A Bermuda-based independent insurance and reinsurance broker forum brokerage has announced the acquisition. Howden said the acquisition reaffirmed its commitment to the Bermudian market and offered clients access to an expert team made up entirely of Bermudian citizens.

The forum provides brokerage services specifically on casualty, power, professional lines, construction, product withdrawal, property and healthcare lines, primarily requiring U.S. Fortune 100 customers to enter the Bermudian market.

“The Forum joins us to reaffirm our strategy of giving clients access to all key markets through our Global Insurance Market Hub,” said Paul Redgate, Deputy Chair of Howden Specialty. “By providing customers with a significant ground-based presence in Bermuda, the acquisition also underscores Howden’s commitment to the Bermudian market by investing in the island’s expertise to improve our client offer and create a leading position in the world’s leading reinsurance market.”

“As part of Howden, our clients will benefit from the talent, product expertise and data and analytics capabilities of Howden’s global specialty offerings, which will enable our company to provide our clients with more advanced risk solutions,” said Robert Stubbs, President of the Forum. “At Howden we have found a place that shares our values, which allows us to grow and focus on the client-centricity and innovation for which we are known in the Bermudian market.”

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