18 May 2021Insurance

Howden launches HX Asia as it targets growth in the region

HX, the data, digital and analytics division of  Howden Group Holdings, has established HX Asia to deploy its data, analytics and technology capabilities directly to clients and carriers across the region.

Edward Howland Jackson joins HX Asia as managing director to lead its markets business. Howland Jackson was formerly at Marsh and is supported by Hamish Barcroft and Rahul Patil at HX Markets, one of HX’s four business units, along with HX Data, HX Analytics and xTrade Digital Marketplace.

HX was formed in 2019 to digitally transform and accelerate Howden’s growth, using data, analytics and technology to respond to client and market needs. In two years it has expanded its headcount to over 150 employees in London.

HX Asia is based at Howden’s regional headquarters in Singapore.

Goh Chye Huat, chief executive officer (CEO) of Howden Asia, said: “Our businesses across Asia have experienced tremendous growth over recent years. We have reached a scale where it is vital to have a market-leading engagement and distribution strategy. HX’s data and analytics capabilities are unrivalled in the market and we are delighted to have that offering available for our clients and colleagues in Asia.”

Paul O’Neill, CEO of Howden Specialty, Asia Pacific, said: “The arrival of Ed and his team is very timely as Howden cements its position as the challenger broker in the Asia Pacific region, offering clients specialist local service with international reach and access to deep global specialty expertise. The capabilities of HX, combined with the strategic intent of Howden Specialty, will provide our clients with optimal solutions to respond to the current challenging environment.”

Barnaby Rugge-Price, HX’s executive chair, said: “This best-in-class team we’ve hired to lead HX Markets Asia represents an excellent start as we roll out our strategy for further growth in Asia.”

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