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Howden recently expanded in South America with the takeover of Contacto and Innova Re.
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The deal marks SFMI’s third investment in the group since 2019.
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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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The executive’s career includes a stint as head of cat for CorSo.
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The association said privacy should be a key consideration in new requirements.
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The investor reported a total shareholder return of £101.2mn for 2024.
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Case added that recently acquired broker NFP has “exceeded” expectations.
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Tovah Grosscurth replaces Sonya Bryson, who has left the commercial lines business.
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The loss has decreased by 0.3% since the company’s third assessment.
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The new Lloyd’s chief of market performance also outlined target growth areas.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.