"Critically, Barnett Waddingham’s working partners will reinvest significantly into Howden, underlining their commitment to a long-term future with us, and delivering extraordinary alignment for our future ambitions."
- David Howden, CEO of Howden
This acquisition doubles the size of Howden’s global employee benefits business, providing clients with access to its employee benefits & pensions advisory services and health, life, and specialist pensions products to individuals.
“As we always do, we have waited for the right partner to expand our capabilities, with experts who are entrepreneurial and culturally aligned, and with whom we can do more together. Barnett Waddingham’s people have this in abundance,” explained David Howden, CEO of Howden.
He said: “Under Glen Thomas’ leadership, our employee benefits division has delivered a remarkable 52% compound annual growth rate. Expanding our pensions advisory and administration capability is crucial to our long-term, global growth plans, and Barnett Waddingham provides a fantastic platform to build our capability for clients around the world.
“Critically, Barnett Waddingham’s working partners will reinvest significantly into Howden, underlining their commitment to a long-term future with us, and delivering extraordinary alignment for our future ambitions.”
Glenn Thomas, CEO, UK Health & Employee Benefits and Global Practice Leader at Howden, agreed, “In the global war for talent, companies distinguish themselves with outstanding employee benefits. Barnett Waddingham’s extensive pensions expertise, together with Howden’s presence in the health & employee benefits market, creates a full-service proposition.”
He believes this acquisition “brings together two businesses with an exceptional cultural fit, and the acquisition reflects Howden’s deep commitment to investing in its employee benefits advisory capabilities.”
Andrew Vaughan, Senior Partner at Barnett Waddingham, added: “We’re excited to join Howden because of its commitment to the UK market, and its unique culture. Being part of Howden also strengthens our ability to deliver even greater value to our risk, pensions, investment, and insurance clients.
“As we reflect on thirty-five years of continuous growth & development at Barnett Waddingham, we’re proud of the heritage and principles that have made us who we are – people-centricity, partnering with clients, and the delivery of high-quality services. We look forward to combining our strengths to build something even greater together,” he concluded.
