Howden
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The expansive broker now employs over 450 people in Japan, after launching there in 2024. -
The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
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Shuker was CEO of A-Plan when Howden acquired the firm in 2021.
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The Lloyd’s business secured a $90mn investment from Alchemy in 2021.
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The broking CEO was honoured for services to the insurance industry.
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Working out ROI on sponsorship deals is difficult, but the sport is beloved by insurance brands.
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Howden recently expanded in South America with the takeover of Contacto and Innova Re.
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In 2024, MGA GWP reached approximately $20bn in Europe.
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The driver of growth has shifted from rate to volume, as pricing increases tail off.
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A 20% increase in FHCF retention levels sent cedants to the private market.
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The broker called on carriers to expand coverage into new specialisms.
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