Howden accelerates growth in Italy

Howden has further expanded in Italy, growing its footprint there with the acquisitions of Nord Est Insurance Broker and ASI.

Since establishing its operations in the country one year ago, the broker has made five acquisitions, including the largest independent insurance broker in Italy, Assiteca, and the specialist brokers Andrea Scagliarini and Tower.

Nord Est was founded in 1989 and is a well-established independent insurance broker with long-standing relationships among local mid-upper market clients. ASI was established in 2008 and is a specialised broker for sureties and freelance professionals.

Luigi Sturani, regional CEO, Howden, Europe, commented: “Nord Est and ASI are two highly regarded brokers, with very talented teams, and we are excited to welcome them to Howden. Both of these acquisitions are essential to expand our product specialty portfolio in Italy and to establish a local territorial distribution. Our long-term strategy is to position ourselves among the top players in Italy and bring choice to clients and talent in this key European market.”

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