’This is an important development for our business and for the market,’ says chief executive
Howden has agreed to acquire the insurance and financial services consulting (IFS) team of Hymans Robertson.
The broker has made the move to launch a new actuarial and longevity arm, which will bring together Hymans Robertson’s IFS specialists with another expert team that joined Howden through its purchase of Barnett Waddingham in March 2025.
It will be known as Howden IAL and aims to ”give clients access to deeper expertise, clearer technical insight and a more scaled advisory platform”.
Glenn Thomas, chief executive and global practice leader for health and employee benefits at Howden, said: “This is an important development for our business and for the market.
”By bringing together BW’s longstanding insurance actuarial capability with the Hymans Robertson IFS team’s proven expertise in delivering strategically critical projects, we are creating a best‑in‑class advisory proposition for clients. This move is not just about capability, it is also about people.
”By uniting two high quality teams, we are investing in their long‑term development and strengthening our ability to support clients with deeper insight and a more distinctive proposition.”
‘Broader service’
Across the combined practice, Howden IAL will offer insurers support on pricing, capital allocation, reserving, risk and investment strategy, model validation, ALM and the management of longevity risk.
Read: Howden completes $703m bond raise
Read: Howden acquires broker to expand in Channel Islands
Explore more M&A-related content here, or discover other news stories here
Jon Hatchett, senior partner at Hymans Robertson, said: “We are proud of the strength and reputation of our IFS team and are confident that the newly formed team’s combined skills and Howden’s global reach will deliver a broader service offering for insurance clients.
”At Hymans Robertson, as an independent partnership and Club Vita, we’ll continue to focus on our long-term plans across the pensions, risk transfer, investment and retail wealth markets, where we see great opportunities for innovation with our clients.”
The transaction is expected to complete in the spring of 2026.
Scott Eason, managing partner at Howden IAL, said: ”By uniting two outstanding teams, we are creating an advisory capability with the breadth and depth to support every critical client need across the insurance landscape.
“This is a significant step in Howden’s long‑term ambition to build a world‑class insurance advisory practice.”
No comments yet