Howden

Our very own Mark Craig has been named ‘CFO of the Year’ at the prestigious Insurance Insider Honours! 🏆 Mark joined us in 2017 and became CFO five years ago. Since then, Mark has overseen the business quadruple in size. And achieve incredible compound annual growth of 46 per cent over the past three years. Since 2023, alongside his stellar team, Mark has managed more than 100 M&A deals including the acquisition of TigerRisk, March RS in Spain, North Risk in Denmark and VLC in the Netherlands. And earlier this year he and his team led a USD 6bn refinancing and maturity extension – one of the largest by a European private equity backed business. All the while Mark oversees a vast range of activity, whether it’s preparing first class financial statements, deal structuring, approving new initiatives, managing treasury and providing tax planning and compliance. After picking up his richly deserved prize Mark said: "It’s a great honour to receive the reward but I’m really accepting it on behalf of my incredible team. Our collective power is the key to our success. My team have worked exceptionally hard over the last few years and this award is testament to their abilities. It’s also especially gratifying to win in our 30th anniversary year and can’t wait for what’s to come.” We echo the words of the judging panel when they said “we look forward to seeing what transformative deals Howden’s CFO gets over the line in future”. Meanwhile, hearty congratulations to Kate Pennell and our fantastic marketing colleagues who received a highly commended for their amazing work on the 2023 October rebrand. A fitting tribute to their remarkable collaborative efforts. And, of course, well done to all winners and runners up on the night. #Howden30 #CollectivePower #insurance #finance

After a year of stagnation in 2023, the future is looking bright for cyber insurance. Fuelled by growth from exciting new markets, projections show it could be on course for a premium base of $40 billion by 2030. https://lnkd.in/eK9h6T2Y To achieve what’s possible, the insurance industry needs innovative approaches. At Howden, we work with insurers to deliver pioneering solutions that help break into new segments and geographies currently underserved by the market. Following on from our recent cyber report, Shay Simkin and Julian Alovisi discuss the growth in opportunities for the cyber industry. #Howden #Cyber #AI #CyberInsurance

Global ransomware attacks continue to test recorded highs, with the number of incidents so far this year up 17% on already elevated 2023 levels. https://ow.ly/Vwjg50T18OY Attacks are also becoming more aggressive. In June, hackers targeted the UK’s National Health Service in one of the largest ransomware attacks of its kind in Britain. Following on from our recent cyber report, Shay Simkin and Julian Alovisi discuss how businesses can prepare for ransomware attacks. #Howden #cyber #ransomware #AI #CyberInsurance

The global IT outage was a wake-up call for the world, with estimated insured losses of around US$1bn: https://ow.ly/7Il750STzZy Rapid response from IT and incident response teams have helped to contain costs, but it is still likely to be one of (if not) the biggest losses for the cyber insurance market. The incident has reinforced the relevance of the product by indemnifying losses and assisting clients with incident response services. Since the global IT outage, we have seen heightened risk awareness, and an increased demand for cyber insurance, particularly from SMEs. Looking ahead, we expect the outage to accelerate the cyber market’s development on three fronts: relevance, innovation and demand. #Howden #cyber #SMEs #CyberInsurance #GlobalITOutage

📃 ¡Ya tenemos disponible un avance del nuevo informe de Ciber 2024! El informe completo, que estará disponible próximamente, analiza las claves del mercado de seguros cibernéticos. Por ello, los temas centrales de la edición de este año son: • Riesgo • Resiliencia • Relevancia 👉 Aquí podéis leer el documento:

It’s been two weeks, and we are still beaming with energy from the Asia Regional Conference in the beautiful Taipei. Here’s a video montage capturing the spirit of our 150 colleagues from various regions who came together, celebrating our remarkable journey and setting the stage for our future ambitions. A huge thank you to everyone who joined us and made this event such a remarkable success. Here’s to many more milestones and continued success together! #Howden #HowdenAsia #CollectivePower #Insurance

What a fulfilling 3 days it has been hosting our Asia Regional Conference 2024 in Taiwan! Inspired by the Avengers, our theme for the Asia Regional Conference 2024 was “Unleashing the Power of Collaboration” – celebrating collaboration, ingenuity, and leadership in achieving extraordinary goals. Together with 150 delegates, we reflected on our remarkable journey and discussed our ambitious plans for the future, all while enjoying the stunning city of Taipei. #Howden #HowdenAsia #CollectivePower #Insurance

For this year’s Global Group Giving Month, colleagues from around the world came together to fundraise, volunteer, and raise awareness for local communities and charities. Celebrating our 30th anniversary, we went even bigger than before, raising an impressive £344,500 including matched funding from the Howden Foundation! In over 30 countries, we supported more than 420 charities and volunteered over 5,700 hours. A huge thanks to everyone who gave back this Global Group Giving Month! #Howden #Howden30 #CollectivePower #AllOfUs #CommunityImpact

Never before has cyber insurance faced such a unique combination of factors: an increased threat environment, a stable insurance market, and strong risk management.   Julian Alovisi, Head of Research, reveals the key findings from our latest cyber report.    Read the report for a more in-depth analysis on ransomware, systemic risk, Gen AI, and insurance market trends: https://lnkd.in/ensgm9KW   #Howden #cyber #ransomware #AI #CyberInsurance #RiskManagement

Cyber insurance enters a new phase of development as non-U.S. territories set to capture 54% of growth up to 2030: https://ow.ly/zwBB50SrINY Out now, our latest cyber report, 'Risk, resilience and relevance', reveals that conditions started to stabilise last year as improved cyber hygiene amongst insureds helped to prevent or mitigate the impact of attacks. Head over to our site for the full story. #Howden #cyber #CyberInsurance #CyberThreat #insurance #RiskManagement