Howden has acquired a 68.3% stake in Holos Holdings, a retail insurance coverage dealer headquartered in Kyoto, Japan.
The transfer is a continuation of Howden’s enlargement within the Japanese market, which started with its institution within the nation in 2024.
Holos Holdings, based in 2001 by Kei Horii, a former Sony Life Insurance coverage govt, has grown to make use of greater than 400 people throughout its 20 places all through Japan.
Holos holdings CEO Kei Horii Stated: “For the previous 25 years, Holos has grown its enterprise with the robust assist of our staff and shoppers.
“By combining Holos’ deep expertise within the life insurance coverage sector with Howden’s international assets and superior experience within the company common insurance coverage discipline, we goal to develop right into a trusted and valued insurance coverage group, much more cherished by our shoppers.”
Howden Japan now employs greater than 450 employees members.
The transfer is geared toward broadening the service choices, masking each life and non-life insurance coverage segments for personal people, SMEs and bigger companies.
Howden CEO David Howden acknowledged: “Holos has unimaginable know-how and like us they’ve a wealthy historical past out there. And becoming a member of forces now offers us strength-in-depth throughout Japan, enabling us to supply people, SMEs, corporates, and insurers with a full suite of companies from reinsurance to retail.
“This can be a transformational transfer for us, and it reveals that our dedication to this dynamic market is actually for the long-term.”
The transaction with Holos Holdings follows a collection of initiatives undertaken by Howden Japan in 2024, together with the institution of Howden Re Japan, a partnership with Keystone ILS Capital, and the acquisition of the Foresight Group, which marked Howden’s entry into the Japanese retail insurance coverage market.
