Lloyd's broker Matrix strikes strategic partnership with Howden

Matrix, an insurance and reinsurance broker at Lloyd's, has entered into a strategic partnership with Howden Broking Group, following the completion of its acquisition of Greece-based Piraeus Insurance Brokers.

José Manuel González, CEO of Howden said: “Howden is delighted to partner with Matrix, a leading broker in the Greek and Cypriot market, at an exciting time in its development. The partnership will enable us to combine Matrix’s strengths in its local markets with Howden’s international reach and provide the benefits of both organisations to Matrix’s clients.”

Dimitris Tsesmetzoglou, CEO of Matrix Insurance and Reinsurance Brokers, stated: “Our acquisition of Piraeus Insurance Brokers is reinforced by our strategic partnership with Howden. It underlines Matrix’s capacity to provide increasingly exceptional and added value services and benefits to existing and future clients, as well as to the larger corporate clients of the largest Greek bank.

"For Matrix, this is the most important milestone, to date, and we are satisfied that we will be able, with amplified financial strength and immediate international access, to guarantee to all stakeholders an even larger, more competitive and holistic spectrum of insurance and reinsurance solutions, products and services.”