Hyperion Insurance Group has formed a strategic partnership with Euroassekuranz Versicherungsmakler, the leading independent retail insurance broker in Germany.
The deal was made through Hyperion’s investment in Euroassekuranz. Helmuth Newin, the German firm’s founder and CEO, also invested in the London-headquartered insurance intermediary, to become a significant shareholder.
The new partnership will connect the niche specialisms of
Howden – Hyperion’s retail broking arm – in Germany with those of Euroassekuranz.
It also gives Euroassekuranz clients access to the resources and expertise within the wider international Howden and Hyperion groups.
Hyperion CEO David Howden said Euroassekuranz has a strong reputation for superior, bespoke client relationship management in its specialist sectors
“Combined with our market-leading financial lines expertise and marine capabilities, I believe we can offer all our clients a differentiated and enhanced service,” Howden said.
“Germany is a key market for Hyperion and I am confident that we have significant opportunities to serve existing and new clients better together,” he added.
For Euroassekuranz, the partnership with Hyperion allows the company to deliver “a new dimension of specialist expertise and service,” according to Newin.
“It also presents excellent opportunities for our employees and will help us to continue to attract high quality talent in the German market,” Newin said.
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