Howden Tiger declares rebrand to Howden Re

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Howden Tiger declares rebrand to Howden Re | Insurance coverage Enterprise America















Future plans for the agency outlined

Howden Tiger announces rebrand to Howden Re


Reinsurance

By
Kenneth Araullo

Howden Tiger, the reinsurance division of Howden, is about to bear a rebranding to Howden Re in April 2024, aligning with the corporate’s broader technique to consolidate its broking operations underneath a unified model id.

The transfer comes on the heels of Howden’s complete rebranding initiative in October final yr, which sought to current a cohesive model throughout its varied enterprise models.

Since buying TigerRisk in January 2023, Howden’s reinsurance sector has demonstrated robust market efficiency. The corporate emerged as a quickly rising reinsurance middleman in 2023, boasting a 25% natural progress charge over the yr.

The division’s gross written premiums soared to $14.5 billion, witnessing a major growth in each its geographic footprint and workplace areas. This progress section additionally noticed the division almost double its expertise pool, with the recruitment of main professionals within the subject. At present, Howden Re operates with a workforce of almost 900 specialists unfold throughout 30 nations.

Sooner or later, Howden Re goals to additional broaden its worldwide presence and improve its vary of services.

“An unbelievable alternative”

“Howden Tiger has confirmed to be each bit as transformational for the business as we envisaged after we introduced the deal almost two years in the past, having seen an unbelievable alternative to create a contemporary various of actual scale for purchasers and a long-term dwelling for expertise,” CEO David Howden (pictured) stated.

“Stand out natural progress has been delivered by bringing the complete functionality of our diversified and differentiated shopper providing to bear, with reinsurance as the ultimate pillar of the group’s structure in place. The enterprise will proceed to ship for purchasers underneath the Howden Re title as a part of a single Howden id.”

Tim Ronda, CEO of Howden Re, additionally shared his views on the rebranding and the division’s success.

“Howden Re’s purchasers and colleagues are on the heart of our enterprise and success,” he stated. “I’m happy with the unbelievable progress we have now achieved working collectively, which has been considerably enhanced by the power and id of the Howden Group. It has allowed us to spend money on new and deeper capabilities by product and area, responding domestically and globally to the ever-evolving dangers managed by our purchasers. I’m excited to be part of the Howden journey and construct on our fame as a number one reinsurance dealer and strategic advisor as we proceed to develop.”

Elsewhere for the reinsurance arm, Howden Tiger just lately introduced the appointment of Carrie Byler as managing director, head of US common casualty.

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