Howden’s acquisition of Born Consulting AG has been labelled ‘strong strategic and cultural fit’

Massimo Contino, Born Consulting AG chief executive, has said that Howden is the “perfect new home” and will provide the independent broker with an opportunity to continue to play an “active and entrepreneurial role in shaping the company.”

Related topics:  insurance,  acquisition
Tabitha Lambie | Editorial assistant, Barcadia Media
20th September 2022

Founded in 2003, the Switzerland-based broker, Born Consulting AG, serves national and international intermediaries, large companies, and the public sector. Described as the “natural home for independent brokers in Switzerland,” Howden’s acquisition of the firm has been announced as fitting “perfectly with [Howden’s] growth strategy of consistent partnerships with like-minded firms.”

According to a public release on the acquisition, Born Consulting’s client experience, “entrepreneur for entrepreneur” approach, and capabilities were a “strong strategic and cultural fit” for Howden.

Recently appointed member of the board and Born Consulting AG chief executive, Massimo Contino, noted that "clients will benefit from the advantages of an international brokerage group, with distribution and expertise in 45 countries, combined with [Born Consulting’s] local knowledge and capabilities.”

Contino added that with Born Consulting joining Howden, his team can continue to grow its business and offer “an unrivalled, client-focused service as part of a company that values independence and an employee-first culture.”

Commenting on the acquisition, Felix C. Jenny, Howden Switzerland chief executive, has said:

“The acquisition of Born Consulting fits perfectly with our growth strategy of consistent and steady execution through strong organic growth, talent acquisition, and strategic partnerships with like-minded firms that share our culture of entrepreneurship and ownership."

Luigi Sturani, Howden Europe chief executive, added:

“We both share the same principles based on top talent, employee empowerment, and a collective culture and vision, all of which are underpinned by an enviable client-centric approach.

“[This] agreement brings us a step closer to fulfilling our ambition to position Howden among the leading brokers in Switzerland and we’re looking forward to welcoming Born Consulting’s employees and clients to Howden.”

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