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Friday, April 12, 2024

Howden expands in Eire with Intersure acquisition 

Howden, a UK-based insurance coverage dealer, has taken over Eire’s Intersure Group for an undisclosed sum.  

Established in 1999, Intersure supplies technical insurance coverage recommendation throughout numerous strains together with industrial and private insurance coverage. 

The acquisition of Intersure Group, a Drogheda-based insurance coverage supplier, is a part of Howden’s transfer to boost its means to service shoppers in Eire.  

Intersure’s companies span industrial, enterprise, development, legal responsibility and private strains equivalent to house, motor and journey insurance coverage.  

Howden Eire CEO Robert Kennedy stated: “This acquisition implies that we’re persevering with on our path to change into the native dealer of selection throughout Eire, guaranteeing nice service for each industrial and private strains shoppers.   

“We’re very excited to develop additional into the north-east of Eire, with our first workplace in Co. Louth. We’re trying ahead to working with Noeleen and her group to introduce Howden’s options throughout industrial insurance coverage, private insurance coverage, medical insurance, life and pensions and mortgages to shoppers within the north-east of Eire.” 

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Intersure managing director Noeleen Butterly stated: “Intersure Group may be very excited to change into a part of Howden, a worldwide chief in insurance coverage broking. It is a huge step in direction of providing higher companies and options to our shoppers and staff. Howden’s world experience and sources will enormously improve our means to supply revolutionary options tailor-made to our shoppers’ wants.” 

This deal furthers Howden’s ongoing enlargement.  

Howden continued its acquisition spree in 2024 with the acquisition of Arctic Insurance coverage, strengthening its place within the Norwegian market in early January.  

Arctic Insurance coverage, headquartered in Oslo, specialises in property and casualty, monetary strains and specialty insurance coverage, in addition to pensions and worker advantages options. 

In January, Howden continued its progress by buying Silks Insurance coverage, an Australian dealer with a give attention to the bloodstock market.  

This was adopted by the enlargement of Howden’s UK operations by means of the acquisition of Laurie Ross, a Scottish private and industrial strains dealer with seven branches within the Glasgow space.  

Laurie Ross, based in 1973, introduced experience in automobile, house, taxi, van and enterprise insurance coverage to Howden’s portfolio. 

Most just lately, Howden entered the captive administration area with the acquisition of ARM Group Holdings.  

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