Howden

The firm ranks among the three largest retailers in Peru, and talks come amidst a pick-up in M&A in Latin America.

Rethink will join Dual, while Howden Analytics will join the reinsurance division.

Nick Toth is to become director of underwriting at the Howden-owned MGA.

As part of the changes, Chris Evans has been promoted to deputy CEO, a new position.

The intermediary’s London Market Appetite Survey also found increased enthusiasm for sustainable energy risks.

The appointment of Sam Joscelyne-Manning follows WTW’s recent hiring of Aon’s Teddie Bailey, who is also joining the broker’s terrorism and political violence team.

Assiteca is the second Italy-based broker purchased by Howden since the turn of the year following the acquisition of specialist insurance broker and risk consultancy Tower.

The 30-person team move represented the latest raid from the UK-headquartered broker on Marsh McLennan.

The incoming executive will be responsible for growing Howden’s European presence, as well as solidifying its position in the French market.

Howden’s latest purchase boasts expertise in the jewellery and financial institutions insurance sectors.

The expansive intermediary this morning reported 19% organic growth for the year to 30 September 2021.

Expansive intermediary Howden Group reported 19% organic growth for the year to 30 September 2021, as well as a 48% increase in revenue to £1.15bn ($1.57bn).