Howden is acquiring Gravitas Insurance Agency LLC, a Los Angeles-based retail brokerage specializing in contingency insurance for music, sports and live events.
The deal, which is subject to customary closing conditions, follows Howden’s other recent sport and entertainment acquisitions, including U.K. performing arts insurance broker Hencilla Canworth, German film and entertainment insurance broker Franz Gossler and Boni Aldaya, an entertainment broking house in Spain.
Gravitas designs and delivers insurance programs for the entertainment sector. It represents performing artists and touring acts, live event organizers, talent agencies and record labels. Gravitas was founded in 2022 by John Tomlinson as a brokerage exclusively focused on delivering contingency insurance services for the music, sport and live event communities.
Howden is a global insurance intermediary group that operates in 56 countries in Europe, Africa, Asia, the Middle East, Latin America, the U.S., Australia and New Zealand.
Was this article valuable?
Here are more articles you may enjoy.
75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey 
DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements 
Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop 
Florida Condo Collapse Probe Zeroes in on Pool Deck Flaws as Preliminary Cause 
