Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK business.
Ross Insurance Group currently offers a broad range of product lines, with a particular focus on financial and construction risks, and manages complex global programs for clients across different industry sectors including financial services, technology, construction, property management and vehicle leasing.
This acquisition follows the announcement in October of Howden’s agreement to acquire Aston Lark to create a full-service broker unrivalled in its quality, scale and reach in the UK, and that secures Howden a leading position in its home market. The acquisition of Ross Insurance Group is another step in Howden’s ongoing strategy to deliver specialist expertise and exceptional service to UK and international clients.
“We are already working with Howden on certain client accounts and can clearly see that it is the obvious broker of choice for like-minded companies looking to continue their growth and do more for their clients,” commented Mark Ross, CEO, Ross Insurance Group. “As an employee-owned firm with a ‘People First’ culture, Howden is an excellent fit for our team as we look to take the business to the next level, where we will benefit from its scale, market access, breadth of expertise and investments in technology and digital solutions. We look forward to continuing our journey with the Howden team.”
Howden Broking is headquartered in London and comprises owned businesses across Europe, Asia, Africa, Latin America and the Middle East. Established in 1994, Howden now employs more than 9,000 people worldwide. Together with network partners aligned to its specialty-led proposition, Howden operates in more than 90 territories.
Source: Howden Broking
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