In a Press release, Howden highlighted that the dual deal will strengthen its Switzerland offering to large institutions and SMEs, offering clients greater access to specialist expertise and international reach via their local market. The deals complement Howden’s acquisition of three Swiss brokers in the last two years – Born Consulting, Bachmann & Partners and Broker Center Zurichsee.
argenius primarily advises medium-sized companies and large organisations, while RVA works with small and medium-sized businesses. Upon completion, the businesses will take Howden Switzerland to a headcount of 130 across eight regions including Zurich, Basel, Zug, Bern, Lucerne, Chur, Geneva, Lugano and the principality of Liechtenstein.
Commenting on the deals,Felix C. Jenny, CEO of Howden Switzerland, Austria and Liechtenstein said: “We are delighted to welcome argenius and RVA to Howden Switzerland as we fast become the natural home for independent brokers in region. The addition of these like-minded, entrepreneurial-spirited businesses advances our ambitious growth strategy for the region and brings us one step closer to becoming the leading broker of choice in Switzerland.”
Luigi Sturani, CEO of Howden Europe, also commented on the deal and said: "The acquisition of argenius and RVA comes at an exciting time, as demand grows across Europe for increasingly sophisticated insurance products and services. Combining the local, specialist expertise of argenius and RVA with Howden’s international offering will strengthen our position as one of the leading brokers in Europe capable of providing the scale, expertise and range of bespoke solutions that clients require.”
