Howden, a global insurance brokerage firm, has announced a major restructuring of its leadership and regional operations to enhance client service and align expertise more effectively. The new structure is set to take effect from 1 April, with key appointments and changes across various regions.
Mike Parrish has been appointed as the CEO of the Americas, where he will be overseeing all operations in the region. Sonia Caamaño will take on the role of CEO for Latin America and the Caribbean, reporting directly to Parrish. Her responsibilities will include improving collaboration with Howden’s new US retail business. Additionally, JosĂ© Ignacio Lathrop will step into the position of executive chairman for Latin America, focusing on regional development and client relations.
In a strategic move, Howden will be merging its Middle East and Africa (MEA) operations with its European business to form a single Europe, the Middle East and Africa (EMEA) broking region. Luigi Sturani will lead as CEO of EMEA, with Richard Mockett, the current CEO of MEA, reporting to him. Paul Redgate will serve as chairman for MEA while retaining his position as chairman of Specialty.
Furthermore, the company’s Indian operations, managed by Amit Agarwal, will now fall under the Asia region led by CEO Rohan Bhappu. Redgate will also take on the role of chairman of Howden India. The International Growth Markets division, led by Sonia Caamaño, has shown impressive average annual organic growth of 16% over the past three years and is being prepared for integration within the updated regional structure.
David Howden, CEO of Howden, emphasized the importance of aligning talent to deliver exceptional service to clients. He stated, “As we continue to attract talent, aligning them to deliver to our clients is our priority. These changes reflect our continued commitment to get into the right shape, with the right talent in the right places for where clients need us today, and where they will need us next.”
Earlier this year, Howden announced the acquisition of Polygon Insurance Brokers, which operates in Jersey and Guernsey, further expanding its presence in the insurance market.
The restructuring of Howden’s international structure is aimed at enhancing client service and strengthening its global capabilities. The company’s commitment to attracting top talent and aligning them strategically underscores its dedication to meeting the evolving needs of clients worldwide.
This article was originally published by Life Insurance International, a GlobalData owned brand.
