Wednesday, September 21, 2022
HomeInsurance LawHowden seals deal to purchase French dealer Théorème

Howden seals deal to purchase French dealer Théorème


UK-based insurance coverage middleman Howden has brokered a deal to purchase French insurance coverage agency Théorème for an undisclosed sum.

Paris-headquartered Théorème is a family-owned insurance coverage dealer led by Xavier de Font-Réaulx.

Based in 1991, the French agency specialises within the property & casualty and worker advantages traces of enterprise.

Théorème caters to massive, medium and small company purchasers throughout the total insurance coverage worth chain.

It additionally operates a motor fleet platform.

Presently, the agency serves 1,500 purchasers through its workplaces in Paris, Annecy and Nantes.

The settlement follows Howden’s determination to purchase France-based monetary traces dealer CRF Conseils.

Howden France CEO Nicolas Aubert mentioned: “Théorème affords data and technical expertise that may enable us to each broaden and improve our shopper proposition in France. The agency’s multi-specialist positioning is extremely complementary to Howden’s capabilities and Théorème’s motor fleet platform is unmatched.

“Constructing on our acquisition of CRF, our buy of Théorème reasserts our ambition to construct a platform based mostly on superior expertise and experience, which can welcome the most effective expertise within the French insurance coverage market.”

Théorème president Xavier de Font-Réaulx mentioned: “We’re happy with the entrepreneurial and autonomous tradition that we’ve developed and nurtured at Théorème over the previous 30 years. When it got here to fascinated about the way forward for our household enterprise, after many steps, we enthusiastically selected to hitch Howden.

“Becoming a member of the Howden “household” is good for us. We now have widespread ideas centred on experience, collective tradition, a imaginative and prescient for workers and a customer-centric strategy.”

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