Howden Capital Markets & Advisory

We are pleased to announce that Howden Capital Markets & Advisory has acted as the exclusive financial advisor to Everest on its agreement to sell certain assets of EverSports & Entertainment Insurance Inc., to international specialty insurance firm Ryan Specialty. EverSports & Entertainment Insurance® is an MGU serving customers in the Sports, Leisure, and Entertainment market.    John Stamatis, HCMA’s Co-Head of North America, said: “We’d like to extend our congratulations to all parties involved and thank our dedicated HCMA team for their great work. We are proud to have played a role in this innovative transaction, which serves as a major testament to our unique expertise and capabilities as the leading risk, capital, and strategic advisor to the MGA market.”   Read more at https://lnkd.in/eQbsKGwX   #HCMA #HowdenRe #EverestGroup #RyanSpecialty #Insurance #MGA #Transaction

"We have a big interest in helping Lloyd’s to be healthy and grow and be more diverse, so that we can provide our clients, in turn, with more solutions. Howden Re’s unique position in the market, particularly its integrated Capital Markets Group combines reinsurance broking with investment banking expertise. This dual capability allows Howden Re to assist new and established businesses in optimising their capital structures and securing the necessary funding to thrive within Lloyd’s" Bill Cooper, Managing Director HCMA tells Monte Carlo Today.   Read the full article here https://lnkd.in/eWzEv-K6     #Reinsurance #CapitalMarkets #HCMA #RVS2024

Investment opportunities such as MGAs, distribution, brokers, and wholesalers, may have drawn investor interest from reinsurance startups, say’s Jarad Madea, CEO, Howden Capital Markets & Advisory in an interview with AM Best TV. Watch the full discussion here  https://lnkd.in/gkfa-aPW   #HowdenRe #Reinsurance #Insurance #HowdenCapitalMarkets #MGA’s  #RVS24

Howden Capital Markets & Advisory CEO Jarad Madea spoke to The Insurer about how (Re)insurance sidecars and legacy liability covers can help address Casualty reserve challenges. Read more here https://lnkd.in/e7g9UWZh #HCMA #HowdenRe #Reinsurance #CapitalMarkets #Sidecars #RVS24

The Howden Capital Markets & Advisory team looks forward to seeing you at the 66th Rendez-Vous de Septembre! cc. Jarad Madea, Leo Beckham, Bill Cooper, Philipp Kusche, Mitchell Rosenberg, Sébastien Bamsey #HCMA #HowdenRe #Howden #CapitalMarkets #Reinsurance #ILS #MandA #CatBonds #RVS24

Congratulations to Dale Underwriting Partners on their win at the Insurance Insider Honours in the category of M&A Transaction of the Year, for their strategic partnership with CVC! Howden Capital Markets & Advisory is delighted to have helped facilitate this deal and thrilled that it was recognised as a market leading transaction. #InsiderHonours #MandA #reinsurance #insurance

Howden Capital Markets & Advisory is pleased to announce the appointment of Des Potter as an Independent Non-Executive Director for its UK business. With over 40 years of experience in reinsurance broking, investment banking, and corporate finance, Des brings a wealth of expertise from his roles at Barclays Bank, Aon Benfield Securities, and GC Securities. Most recently he has acted as Special Advisor to the CFO of Lloyd’s, advising the executive team in relation to enhancing access for institutional investors to support the growth of the Lloyd’s market.   Jarad Madea, CEO, Howden Capital Markets & Advisory, said: “We are pleased to welcome Des Potter as a NED in London. His extensive and impressive track record in reinsurance, capital markets, and risk management will be a valuable addition as we continue to drive growth and innovation. We welcome Des’s contribution to further enhance our strategic direction in the UK market."   Leo Beckham, Howden Capital Markets & Advisory's Head of UK & Europe, said: “Des’s extensive executive experience and deep insight into the reinsurance sector, particularly in ILS and capital markets, will be invaluable to HCMA. I am looking forward to working with Des again, and we look forward to leveraging his expertise as we continue to grow and develop the business.”   Des Potter, Independent Non-Executive Director, Howden Capital Markets & Advisory, said: “I am delighted to be joining HCMA UK. I have known the team for many years and have been extremely impressed by the innovative and client focused way the business has developed. I look forward to contributing to its continued success.”   #HCMA #HowdenRe #CapitalMarkets #Reinsurance #ILS 

Howden Capital Markets & Advisory acted as exclusive financial advisor to Boost Insurance Agency, Inc in a deal to secure a meaningful equity investment from BHMS Investments, LP (“BHMS”). Boost has emerged as a category leader in the MGA platform space by providing its customers with highly configurable, tech-enabled solutions. Michael Forman, Co-CEO, Howden Capital Markets & Advisory North America, said: “Despite challenging market conditions, this transaction is a testament to the quality platform the Boost team has built. MGAs are an essential part of the (re)insurance ecosystem, helping to drive innovation and deliver capital efficient solutions to benefit insureds and (re)insurers. We are honored to have worked alongside the Boost management team to help secure an investment from BHMS and achieve this significant milestone for the Company”. Jarad Madea, CEO Howden Capital Markets & Advisory said: “This transaction further solidifies HCMA as a market leader in M&A and capital markets transactions relating to MGAs and InsurTechs. Congratulations to the Boost team on the next stage of their impressive growth”.

As organisations worldwide grapple with significant disruptions and outages today due to a cybersecurity software update, Howden Re's Luke Foord-Kelcey, Global Head of Cyber, and Harriet Gruen, Head of Cyber Threat Intelligence, share their thoughts on the implications and exposures for the (re)insurance industry in our latest News and Insights article. "At Howden we maintain an industry exposure database for the Cyber market, covering around USD 9 billion (or 65%) of gross written premium," says Luke. "Our data suggests that Australia accounts for just over 2.5% of Cyber GWP, and the Air Transport sector (including airlines, airports and couriers) a little under 0.5%, with exposure figures [limit deployed by insurers] broadly in line with this. Given that this is a non-malicious cyber event caused by a failed patch from a third-party vendor, it may trigger Systems Failure Business Interruption-type insuring clauses, subject to waiting periods typically in the region of 8-12 hours.” Read more at: https://lnkd.in/enMiyegP #HowdenRe #Reinsurance #Insurance #Cyber #businessinteruption #Microsoft365, #MicrosoftOutage

Bill Cooper, Managing Director Howden Capital Markets & Advisory, spoke with Insure TV recently about the findings of the Howden Lloyd’s market Snapshot, and the strong profitability and growing investor interest in Lloyd's. Watch Bill's interview below and read more about the report here: https://lnkd.in/eFxmaEp6