Group shares management modifications
In a Press launch, Howden confirmed that its insurance coverage broking, reinsurance broking, and underwriting companies will report on to CEO David Howden, efficient October 1, 2023. The holding firm and broking operations will even rebrand below the Howden identify and a single visible id throughout the identical month.
Insurance coverage broking
Howden’s UK&I broking operations shall be chaired by Barnaby Rugge-Worth, present deputy chair of Howden Broking Group. He’ll work intently with deputy chairs Paul Redgate (present CEO of worldwide specialty) and Mark Wooden (present head of worldwide practices).
Different modifications embrace the next:
- UK Specialty CEO Sarah Hughes will lead Howden Specialty, bringing collectively the present UK specialty, international specialty, and Howden CAP companies;
- Carl Shuker will lead the UK&I retail broking operations;
- Andy Bragoli, govt chair of worldwide specialty, will grow to be the worldwide head of placement; and
- Luigi Sturani will proceed to steer the broking operations in Europe, supported by Salvador Marin as CEO Northern Europe and Danny Sever as chairman.
Howden’s operations in Turkey will grow to be a part of its Europe area. Asia-Pacific shall be chaired by Mark Wooden, with Goh Chye Huat and Matt Bacon main Asia and Pacific, respectively.
India, Center East & Africa, and LatAm shall be led by Sonia Caamaño (present CEO of worldwide development markets) and chaired by Paul Redgate, with Richard Mockett as CEO MEA and Pablo Bores as CEO LatAm.
Reinsurance broking
Rob Bredahl will lead Howden Tiger as CEO, supported by Rod Fox as govt chairman, Tim Ronda as president, and Elliot Richardson as vice chair
CEO Richard Clapham and govt chairman Kieran Sweeney will proceed to steer DUAL.
Different modifications embrace the next:
- Olaf Jonda, Damien Coates, and John Johnson will proceed to steer Europe, Asia-Pacific, and the US, respectively; and
- Howden Broking Group CEO José Manuel González will retire from govt positions and stay with the group as a particular adviser, CEO Workplace, and grow to be the chair of Howden Iberia, which he based.
González took over as CEO of the broking group in 2018. Underneath his management, the enterprise has grown from £500 million to £2 billion in income in 5 years by attracting and aligning a formidable staff.
Commenting on the modifications, David Howden mentioned: “As I mentioned final 12 months once we introduced that we had reached settlement to accumulate TigerRisk Companions, we now have accomplished the structure of the group. As we start the following section of our development, it’s important that we now have the precise construction in place in order that we’re aligned as one to harness our collective energy, defend our tradition, and guarantee we face our shoppers and markets as one enterprise. We are going to do that with our retail, specialty, reinsurance, and underwriting leaders working collectively as a single administration staff.
“Our working mannequin and infrastructure are key to our sustainable development, and we’ll proceed to take a position considerably in our help providers capabilities to permit our specialists to get on with what they do greatest – serving our shoppers.”
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