Howden Scotland expands with acquisition of SKB Independent Insurance

Deal News | Mar 20, 2025 | Re-Insurance News

Howden Scotland expands with acquisition of SKB Independent Insurance

Howden Scotland, a division of the global insurance intermediary Howden, has acquired the book of business of Edinburgh-based SKB Independent Insurance Brokers Limited. Founded by Satvinder Breeze, SKB has been providing insurance services for businesses throughout Scotland and the UK, with a focus on building long-term personal relationships with clients. The acquisition will see SKB rebranded as Howden and integrated into Howden Scotland's Edinburgh team, contributing to the group's expanding network of over 200 locations across the UK and Ireland. Both Breeze and Kenny Hogg, CEO of Howden Scotland, have expressed enthusiasm for the merger, citing a shared ethos in customer service and a vision for strengthened client relationships. Howden views this acquisition as a strategic enhancement to its offerings and a step forward in its growth trajectory within the insurance sector.

Sectors

  • Insurance
  • Financial Services

Geography

  • United Kingdom – SKB Independent Insurance Brokers operates in Scotland, and Howden Scotland is part of a larger UK-based network of branches. The article discusses the expansion of Howden within the UK itself.

Industry

  • Insurance – The main focus of the article is the acquisition of an insurance brokerage firm, SKB Independent Insurance Brokers, by Howden Scotland.
  • Financial Services – The acquisition involves firms operating within the broader financial services sector, specifically focusing on insurance brokerage services.

Financials

    Participants

    NameRoleTypeDescription
    Howden ScotlandAcquirerCompanyA division of the global insurance intermediary Howden, involved in acquiring SKB Independent Insurance Brokers.
    SKB Independent Insurance Brokers LimitedTarget CompanyCompanyAn Edinburgh-based firm specializing in providing insurance services to businesses, founded by Satvinder Breeze.
    Satvinder BreezeFounder and CEO of SKBPersonThe founder and CEO of SKB Independent Insurance Brokers who expressed pride in the company's achievements and optimism for the future under Howden.
    Kenny HoggCEO of Howden ScotlandPersonThe CEO of Howden Scotland, who commented on the strategic value and cultural alignment with SKB in the acquisition.