Boosting Nordic Footprint: Howden’s Strategic Acquisition of Arctic Insurance

January 8, 2024

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Boosting Nordic Footprint: Howden’s Strategic Acquisition of Arctic Insurance

Howden, a global insurance broker, has recently announced its acquisition of Arctic Insurance AS, a rapidly growing Norwegian insurance broker. This strategic move reflects Howden’s ambition to enhance its presence in the Nordic region and further expand its international footprint.

Enhancing Presence in the Nordic Region

With the acquisition of Arctic Insurance, Howden aims to strengthen its position in the Nordic region. Recognizing the importance of this market, Howden is committed to providing comprehensive insurance solutions to clients in Norway and beyond. The acquisition represents a significant step towards achieving this goal, allowing Howden to offer its expertise and services to a wider client base.

Specializations of Arctic Insurance

Arctic Insurance specializes in various areas, including Property & Casualty, Financial Lines & Specialty, Employee Benefits, and Pensions. With their expertise in these domains, Arctic Insurance caters to clients with complex insurance needs. Their dedication to delivering tailored solutions has earned them a reputation as a trusted insurance broker in Norway.

Strengthening Position as a Leading Broker in Norway

By combining the specialist expertise of Arctic Insurance with the scale and international presence of Howden, the acquisition bolsters Howden’s position as one of Norway’s leading insurance brokers. This collaboration allows Howden to provide a broader range of insurance products and services to meet the evolving needs of Norwegian businesses.

Exciting next step for Arctic Insurance

For Arctic Insurance, joining forces with Howden represents an exciting next step in its journey. The shared vision and values between the two companies make this partnership a natural fit. Together, they can leverage their strengths and provide even greater value to their clients.

Expansion of Howden in the Nordic Region

With the addition of Arctic Insurance, Howden Norway now boasts 65 employees across two offices. This expansion strengthens Howden’s presence in the Nordics, complementing their existing offices in Finland, Sweden, Norway and Iceland. Howden originally established its Nordic presence over two decades ago and has since become a trusted partner for clients in the region.

Continual Growth of Howden in Europe

The acquisition of Arctic Insurance is just one of several recent deals Howden has made in Europe. As part of its growth strategy, Howden is continuously attracting leading talent and expertise across all of its markets. This ongoing expansion ensures that Howden remains a top choice for businesses seeking comprehensive insurance solutions.

Howden’s acquisition of Arctic Insurance marks a significant milestone in their journey to enhance their presence in the Nordic region. By combining the expertise of Arctic Insurance with their international reach, Howden strengthens its position as a leading insurance broker in Norway. This strategic move demonstrates Howden’s commitment to providing comprehensive insurance solutions and exceptional service to clients in the region and around the world. As Howden continues to grow and expand its footprint, the company remains a formidable player in the insurance industry, attracting top talent and expertise to better serve its clients.

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