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Howden recently expanded in South America with the takeover of Contacto and Innova Re. -
The documents figure in a potential criminal case against a CCB employee.
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The Bermuda-based team is led by John Fletcher.
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The broker is targeting run-rate synergies of $150mn by the end of 2028.
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The appointment follows B&B’s acquisition of Accession.
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The deal multiple is understood to be around 15x adjusted Ebitda.
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Case added that recently acquired broker NFP has “exceeded” expectations.
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The broker is launching a reinsurance arm in partnership with Bain Capital.
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Future claims handlers could be "bionic adjusters” empowered by technology.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The PE firm’s Aaron Cohen said full integration of broking assets is crucial.
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The broker has been building out its Bermuda reinsurance presence.
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