Howden, the London-based worldwide insurance coverage dealer, additional strengthens its presence in Italy with two new acquisitions: Nord Est Insurance coverage Dealer and ASI Insurance coverage Brokers.
Monetary particulars of the acquisitions weren’t disclosed.
Since establishing its operations in Italy a yr in the past, to additional its growth on this key market, Howden has already made 5 acquisitions, together with the most important impartial insurance coverage dealer in Italy, Assiteca, and the specialist brokers Andrea Scagliarini S.p.A. and Tower S.p.A.
Nord Est was based in 1989 and is a well-established impartial insurance coverage dealer with long-standing relationships amongst native mid-upper market purchasers.
“We’re excited to develop into a part of a Group that shares the identical entrepreneurial mind-set which has allowed us to determine sturdy and lasting market relationships over time, the place our individuals are actually valued and can proceed to have the liberty to ship what’s finest for our purchasers,” Ugo Furlan and Mario Gava, co-founders of Nord Est, stated.
ASI was established in 2008 and is a specialised dealer for sureties and freelance professionals.
“I’ve been on the lookout for a companion who may give us worldwide breadth for years and Howden is the proper match for our rising enterprise. It’s our perpetually residence that may assist our continued progress, guided by frequent rules together with Folks First and the unwavering dedication to actually ship one of the best options for our purchasers, all of whom we all know personally,” in keeping with Roberto Brunetta, founding father of ASI Insurance coverage Brokers.
Luigi Sturani, regional CEO, Howden, Europe, commented: “Nord Est and ASI are two extremely regarded brokers, with very gifted groups, and we’re excited to welcome them to Howden. Each of those acquisitions are important to broaden our product specialty portfolio in Italy and to determine an area territorial distribution. Our long-term technique is to place ourselves among the many prime gamers in Italy and convey option to purchasers and expertise on this key European market.”
About Howden Broking
Established in 1994, Howden at the moment includes owned companies throughout Europe, Asia, Africa, Latin America, the Pacific and the Center East, using greater than 9,000 individuals worldwide. Along with community companions aligned to its specialty-led proposition, Howden operates in additional than 90 territories.
Supply: Howden Broking
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