Howden Re expands European footprint with new Dublin office

US-based Howden Re has opened a caller bureau successful Dublin, marking its introduction into Ireland arsenic portion of a wider propulsion to grow crossed Europe.

The institution said the caller basal is aimed astatine deepening its relation successful Ireland's security and reinsurance assemblage and improving enactment for clients successful what it described arsenic a "fast-evolving" market.

Howden Re said that the state is the EU's fourth-largest security market, with yearly premiums exceeding €100bn.

Through the Dublin operation, Irish clients volition beryllium capable to entree Howden Re's reinsurance, analytics and superior advisory capabilities via a squad located successful the country.

Howden Re International lawman CEO Sebastian Cook said: "By establishing an on-the-ground presence, Howden Re is gathering connected the extended enactment of our retail colleagues who person established a trusted and recognised marque crossed Ireland."

Alongside the bureau launch, the institution has appointed David Carpenter arsenic manager of Howden Re Ireland.

Carpenter, who volition beryllium based successful Dublin, volition oversee the section concern and make a squad serving Irish insurers, managing wide agents (MGAs) and captive insurers.

He has much than 2 decades of acquisition successful reinsurance and broking crossed Dublin, London and wider planetary markets.

Before joining Howden Re, helium was astatine McGill and Partners.

Carpenter said: "Our absorption is to supply clear, applicable reinsurance counsel that helps clients link superior to hazard much effectively. Domestic and planetary insurers operating successful this market, MGAs and captives merit locally based reinsurance advice, backed by the champion analytical and broking expertise successful the market."

"Howden Re expands European footprint with caller Dublin office" was primitively created and published by Life Insurance International, a GlobalData owned brand.