Howden swoops for performing and creative arts insurance broker
Global insurance intermediary group Howden has acquired a British independent specialist performing arts insurance broker to further expand its sport and entertainment division.
Howden has acquired Hencilla Canworth GI, which provides insurance solutions for the performing and creative arts. It has established insurance schemes with many leading organisations in the sector, including the Musicians’ Union and BECTU (Broadcasting Entertainment Communications and Theatre Union).
Originally founded in 1981, the company has been trading as Hencilla Canworth GI since 2021, based in Croydon, UK.
The addition of Hencilla Canworth follows a series of other recent acquisitions by Howden’s sport and entertainment team across Europe, including Franz Gossler Insurance Group, a German film and entertainment insurance broker, Assimovie, an Italian television and film broking house, and Media Insurance Brokers, a major UK and Irish film and television insurance intermediary.
Duncan Fraser, global practice leader, sport and entertainment, Howden, said: “We are building our capabilities and expertise to meet the growing demands of our Sport and Entertainment sector clients across all our key markets. Hencilla Canworth’s team have strong relationships with many leading clients in the music and performing arts sectors, presenting us with a significant opportunity to develop our business.”
David Pollard, CEO, Hencilla Canworth, added: “We have established a leading brand in the performing and creative arts insurance sector, with deep expertise and established ties to the industry. Our clients will reap the benefits of us being part of Howden's global network, which will improve our ability to provide innovative solutions that are tailored to their needs.”
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