Howden unifies under single global executive
Howden will unify its structure under a single global executive with insurance and reinsurance broking and underwriting reporting directly to CEO David Howden.
The changes, which will be effective from October 1, follow its completion at the start of this year of the acquisition of TigerRisk Partners, which has a large US presence.
“As we begin the next phase of our growth it is critical that we have the right structure in place so that we are aligned as one to harness our collective power, protect our culture, and to ensure we face our clients and markets as one business,” Mr Howden said.
“We will do this with our retail, specialty, reinsurance and underwriting leaders working together as a single management team.”
The UK&I broking operations will be chaired by Barnaby Rugge-Price, currently Deputy Chair, Howden Broking Group. He will be supported by Deputy Chairs Paul Redgate, currently CEO Global Specialty, and Mark Wood, Head of Global Practices.
Among the announcements, Asia Pacific insurance broking will be chaired by Mark Wood, with Goh Chye Huat and Matt Bacon leading Asia and Pacific respectively.
In reinsurance broking, Rob Bredahl leads Howden Tiger as CEO, supported by Rod Fox as Executive Chairman, Tim Ronda as President, and Elliot Richardson as Vice Chair.
Dual will continue to be led by CEO Richard Clapham and Executive Chairman Kieran Sweeney. Olaf Jonda, Damien Coates and John Johnson continue to lead Europe, Asia Pacific and the US respectively.
“Our operating model and infrastructure are key to our sustainable growth and we will continue to invest significantly in our support services functions to allow our experts to get on with what they do best – serving our clients,” Mr Howden said.