Howden has acquired VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands, scaling its existing operations in one of Europe’s major insurance markets.

VLC services mid-corporates, SMEs and HNW individuals, and upon completion 500 employees will join the Group, adding seven branches to Howden’s existing operations in the Netherlands. The business is currently under the ownership of Dutch insurer, De Goudse NV, and management.

David Howden, CEO, Howden, said: "This acquisition is amongst the most significant we have made in Continental Europe. VLC is an incredibly highly regarded business, known for the outstanding client service it provides. That they have chosen to join us is testament to our continued ability to attract leading talent in all our markets, our aligned cultures, client focus and the quality of our shared growth ambitions.

“Along with the newly announced acquisition of NORTH in Denmark, it clearly shows our patient, strategic commitment to the region; we are now a scale operator in every one of the major insurance markets in Europe, and we continue to deliver on our long stated ambition to build the pre-eminent European broker for clients and talent by joining with the very best businesses.”

Following the completion of the acquisition, Howden Netherlands will be led by Lando te Molder as CEO. The VLC name will transition to Howden in due course.

Lando te Molder, VLC & Partners CEO, added: “As part of our commitment to build on our top-tier position in the Dutch and international advisory market, selecting a strategic partner is of paramount importance. We are delighted to have found a long-term partner that aligns seamlessly with our core values and ambitions. Howden’s commitment to prioritising its people and customers perfectly resonates with our principles. This partnership marks the beginning of a new chapter for us that will reinforce our international presence and create exceptional opportunities for further growth. It opens avenues for product and proposition development, digitalisation, and advancements in data and technology.”

---