Howden enters captive management market with acquisition of ARM Group Holdings

Howden has agreed to acquire ARM Group Holdings Limited, the parent of Alternative Risk Management, one of the largest independent insurance managers in Europe and a specialist in the formation and management of insurance captives.

Based in Guernsey and with a management license in Bermuda, ARM is a group of companies that provide insurance management services to clients worldwide. ARM offers a comprehensive and diverse range of services, managing over 80 captive structures.

“In-house captive capabilities are an essential piece of the puzzle in order for us to provide unparalleled solutions for our large and multinational clients. This is a growing market with strong demand for new entrants, and by harnessing the power of our global network, our market-leading specialty, reinsurance and analytics capabilities, and now, our enhanced captive capabilities, we look forward to continuing our growth.” – Morwenna Howell, Managing Director and Global Practice Leader, Howden Multinational Clients Practice.

“We have built a robust, successful business in the last 20 years, and joining with Howden represents the logical next step in our journey. It has been an easy decision to make as we already manage a number of Howden clients, allowing us to get to know them and vice-versa. We share Howden’s entrepreneurial spirit and client-centric approach and look forward to providing worldwide captive solutions to Howden and other clients.” – Charles Scott, Managing Director, ARM.