Howden acquisition expands Nordic footprint

Broker Howden has acquired Oslo-based intermediary Aneco Forsikringsmegling, increasing its presence as a non-marine broker in Norway. Aneco manages around £25m in premiums and focuses on property and casualty and employee benefits business. The deal follows recently announced acquisitions of CHB Insurance Brokers in Estonia and BCZ in Switzerland.

Anders Kvan, CEO, Howden Norway, said: “This acquisition underlines Howden’s strategy to bring an enhanced offering to large corporate clients in Norway. Since we started 15 years ago, our sole focus on delivering competent advice and expert service to our clients has proven to be the right strategy. Aneco will further strengthen our core capabilities in Hydro Power and Agriculture, whilst their clients will benefit from access to Howden’s international platform and specialty offerings.”

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