Howden continues European expansion

Howden has acquired BWV Versicherungsbroker AG in – a Liechtenstein broker with a portfolio of corporate and private clients.

The acquisition following the successful acquisitions of Swiss brokerages Born Consulting, Bachmann and Partners and Broker Center Zurichsee, acquired in 2022 and 2021 respectively.

Trading as Howden Liechtenstein AG following the deal’s completion, the business will be led by Felix Jenny, CEO of Howden Switzerland, Austria and Liechtenstein and will operate as a wholly owned subsidiary of Howden Switzerland Ltd.

Manfred Wanger, co-founder of BWV, said: “Over the last twenty years we have built a strong business and under our new Howden brand we hope to expand our regional footprint in Switzerland and in the Principality of Liechtenstein, while also developing opportunities with Howden Austria. I am delighted that we will continue to work in an entrepreneurial minded business as we increase our ability to differentiate ourselves by providing value-added services and expertise to our clients.

“With this partnership, our clients will benefit from an international broking group with distribution and expertise in over 45 countries. We will continue to grow as part of a business that values independence and our well-established, trusted team will still provide the professional service and support clients have come to expect."

Felix Jenny, CEO, Howden Switzerland, Austria and Liechtenstein, added: "With strong strategic and cultural alignment, BWV is the ideal partner for Howden as we cement our position as the natural home for independent insurance brokers looking to give clients access to the expertise and specialisms of an international network within their local market.”

    Share Story:

YOU MIGHT ALSO LIKE


COMMUNICATING IN A CRISIS
Deborah Ritchie speaks to Chief Inspector Tracy Mortimer of the Specialist Operations Planning Unit in Greater Manchester Police's Civil Contingencies and Resilience Unit; Inspector Darren Spurgeon, AtHoc lead at Greater Manchester Police; and Chris Ullah, Solutions Expert at BlackBerry AtHoc, and himself a former Police Superintendent. For more information click here

Modelling and measuring transition and physical risks
CIR's editor, Deborah Ritchie speaks with Giorgio Baldasarri, global head of the Analytical Innovation & Development Group at S&P Global Market Intelligence; and James McMahon, CEO of The Climate Service, a S&P Global company. April 2023