"Howden was the only company we wanted to join and together we will provide enhanced solutions for our clients."
- Rob Saunders, CEO of HMCGL (ActiveQuote)
This acquisition will support Howden’s position in the UK Health Insurance market, serving diverse clients from individual consumers to multinational corporations. HMCGL was established in 2009 by Richard Theodossiades and employs 132 individuals at its Cardiff Bay offices – managing premiums totalling approx. £60mn. Therefore, Howden’s presence in the consumer insurance sector will be enhanced, and its employee benefits capacity will be expanded to meet growing client demand.
Mike Dalby, Managing Director of UK Consumer Life & Health at Howden Broking, explained that this acquisition comes at a crucial time: “Over the past twelve months, we’ve seen a 46% surge in interest from individuals seeking Private Medical Insurance (PMI) to speed up their access to diagnosis and treatment. By bringing HMCGL (ActiveQuote) into our fold, we’re perfectly positioned to meet this growing demand.”
“HMCGL (ActiveQuote) are a well-respected group with strong expertise, an outstanding reputation, and a great team that we have known for a long time. We’re therefore delighted to welcome Rob Saunders, and their highly experienced team into Howden,” added Glenn Thomas, CEO & Global Practice Leader at Howden Employee Benefits.
Rob Saunders, CEO of HMCGL (ActiveQuote), concluded that after fifteen years of independence, growth, and development, “becoming part of Howden is a significant step in our growth journey – both for our people and clients.”
