Business

Howden announces Belgium expansion

It has announced the acquisition of Belgian insurance broker Sarton and Associés

Howden has announced the acquisition of Belgian insurance broker Sarton and Associés.

It is Howden Belgium’s first acquisition, completed just over a year since its inception in the summer of 2020.

The acquisition represents the latest addition in its ongoing European expansion, having recently brought to the company Luigi Sturani as CEO, Europe, Holger Schaefer as CEO, Germany, Felix Jenny, CEO, Switzerland and Jeroen Everling as CEO, Netherlands Corporate.

Herman Kerremans, CEO of Howden Belgium, said: “This deal marks Howden Belgium’s first acquisition and reinforces our strategy to invest in expertise and develop specialist capabilities that deliver the best service to our clients.

“Paul has built an incredibly strong and hugely well-respected business in Brussels and the southern French speaking part of the country, and this deal aligns two highly complementary companies with people and clients at its core.”

Paul Sarton, founder of Sarton and Associés, comments: “Howden was not the first company to approach us, but we chose to join them not only because of their international platform, but because of their independent and empowered culture.

“In Howden, we have found a place where people share our values, enabling us to continue to grow and focus on the client centricity, innovation and entrepreneurship for which Sarton & Associés has become known in the wider Brussels area. We look forward to being part of this fast growing company.”

Louise Cable-Alexander, CEO, Northern Europe, added: “By attracting the right talent and empowering people to build businesses and teams, we continue to expand our footprint across Europe and invest in expertise for our clients.

“This latest deal means Howden Belgium is now a substantial, quality business, only a year after launching, and is another step in fulfilling our ambitions to be a leader in our chosen markets.”

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