Brown & Brown admits losses mount on Howden raid, now at $31m

Insurance brokerage group Brown & Brown has now suffered $31 million in estimated lost annual revenues following an alleged raid on its employees by upstart rival Howden, up from the $23 million visible when the company last spoke to markets.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Prepare for disruption: Denèfle reflects on four years of leading IUMI

20 September 2026 As Frédéric Denèfle, president of IUMI steps down, he offers words of advice to his successor: expect disruption, stay connected to every member, and remember to enjoy the role.

Insurance

IUMI flags avoidable disruption from non-compliant wood packaging

20 September 2026 ISPM 15 rules could carry major operational and financial costs for marine cargo, says IUMI's Lange.

Insurance

Warren Buffet steps down as Berkshire Hathaway chair, son replaces him

18 September 2026 Caps more than 60 years as ‘world’s most successful investor’.