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Howden has taken over Hencilla Canworth, a Croydon, UK-based unbiased specialist insurance coverage dealer for performing arts.
The acquisition strengthens Howden’s sport and leisure division with scale in addition to product experience.
Hencilla Canworth, arrange in 1981, gives tailor-made insurance coverage options for the performing and artistic arts sector.
The specialist insurer has established a presence within the sector with insurance coverage schemes involving organisations such because the Musicians’ Union and Broadcasting Leisure Communications and Theatre Union.
Howden world apply chief of sport and leisure Duncan Fraser mentioned: “We’re constructing our capabilities and experience to satisfy the rising calls for of our sport and leisure sector purchasers throughout all our key markets. Hencilla Canworth’s staff have robust relationships with many main purchasers within the music and performing arts sectors, presenting us with a big alternative to develop our enterprise.”
Hencilla Canworth CEO David Pollard mentioned: “We now have established a number one model within the performing and artistic arts insurance coverage sector, with deep experience and established ties to the trade.
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“Our purchasers will reap the advantages of us being a part of Howden’s world community, which can enhance our means to offer modern options which are tailor-made to their wants.”
The newest acquisition is a part of Howden’s strategic growth following a collection of latest purchases throughout Europe geared toward bolstering its sport and leisure staff’s capabilities and attain.
These acquisitions embrace the Franz Gossler Insurance coverage Group in Germany, Assimovie in Italy, and Media Insurance coverage Brokers within the UK and Eire.
Every of those entities brings experience within the movie, tv and leisure insurance coverage markets.
Howden additionally not too long ago acquired Eire’s Intersure Group, additional diversifying its choices with technical insurance coverage recommendation in business and private insurance coverage strains.
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