Howden Expands with Barnett Waddingham Acquisition

Howden, a prominent global insurance and employee benefits intermediary group, has acquired Barnett Waddingham, a UK-based professional services consultancy. This strategic acquisition aims to enhance Howden's capabilities in pensions, investment, and insurance advisory services, allowing it to expand into global markets effectively. The deal significantly increases Howden's global employee benefits business, with the joint company now employing approximately 4,000 experts and generating a combined revenue nearing $647 million. Howden's CEO, David Howden, emphasized the strategic alignment and entrepreneurial synergy this acquisition brings. The merger allows Howden to strengthen its position in the UK and Irish markets and provides a platform for broader geographical reach. The newly scaled entity will serve a diverse clientele, including major multinational corporations and SMEs, offering a comprehensive range of products and services. Howden operates in 55 countries, employing 20,000 people, and handles $44.7 billion worth of premiums annually.