Howden has completed its acquisition of Théorème, a family-owned corporate insurance broker headquartered in Paris.

Founded in 1991 and led by Xavier de Font-Réaulx, the business specialises in P/C and employee benefits for SMEs and large corporate clients across the full insurance value chain, having grown significantly in recent years to now serve 1,500 clients from its offices in Paris, Annecy and Nantes.

Nicolas Aubert, CEO, Howden France commented: “Théorème offers knowledge and technical skills that will allow us to both expand and enhance our client proposition in France. The firm’s multi-specialist positioning is highly complementary to Howden’s capabilities and Théorème’s motor fleet platform is unmatched. Building on our acquisition of CRF, our purchase of Théorème reasserts our ambition to build a platform based on advanced experience and expertise, which will welcome the best talent in the French insurance market.”

Xavier de Font-Réaulx, President, Théorème added: “We are proud of the entrepreneurial and autonomous culture that we have developed and nurtured at Théorème over the past 30 years. When it came to thinking about the future of our family business, after many steps, we enthusiastically chose to join Howden. Joining the Howden family is ideal for us. We have common principles centred on expertise, collective culture, a vision for employees and a customer-centric approach.”

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