International insurance broker Howden has purchased Ross Insurance Group for an undisclosed fee.
Ross Insurance is a commercial broker that services corporate and technology clients and while offering a wide range of product lines, has a key focus on financial and construction risks.
According to Reinsurance News, the acquisition is another step in Howden’s ongoing strategy to deliver specialist expertise and exceptional service to UK and international clients.
Howden head of financial lines Sarah Hughes said, “Our relentless focus on expertise and investing in specialist skills is underlined by this highly complementary partnership with Ross Insurance Group, who bring with them significant experience and in-depth industry knowledge.
“They have established an exceptional reputation for listening and understanding client needs and using innovative thinking to achieve tailored solutions. We are addicted to attracting the very best talent to Howden for the benefit of our clients.”
Ross Insurance CEO Mark Ross added, “We are already working with Howden on certain client accounts and can clearly see that it is the obvious broker of choice for like-minded companies looking to continue their growth and do more for their clients.
“As an employee-owned firm with a ‘People First’ culture, Howden is an excellent fit for our team as we look to take the business to the next level, where we will benefit from its scale, market access, breadth of expertise and investments in technology and digital solutions. We look forward to continuing our journey with the Howden team.”
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