Howden has agreed to purchase the Insurance and Financial Services consulting team from Hymans Robertson, a move that will expand its expertise in insurance actuarial and longevity consulting.

Financial terms of the feal were not disclosed.

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The acquisition will establish Howden Insurance Actuarial & Longevity (Howden IAL), bringing together the Hymans Robertson IFS specialists and actuarial professionals from Barnett Waddingham who recently joined Howden.

The new unit is expected to broaden the advisory services provided to insurers and add specialist knowledge in areas such as pricing, capital allocation, reserving, risk, investment strategy, model validation, asset-liability management, and longevity risk.

Hymans Robertson senior partner Jon Hatchett 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.”

Upon completion of the deal, Howden IAL will consist of approximately 90 consultants offering support to insurers navigating regulatory and market complexities.

The company said that the creation of the practice would allow it to serve a wider range of markets and clients internationally.

Completion of the transaction is anticipated in spring 2026.

Howden Health & Employee Benefits CEO and global practice leader Glenn Thomas 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 bestinclass advisory proposition for clients.

“This move is not just about capability; it is also about people. By uniting two highquality teams, we are investing in their longterm development and strengthening our ability to support clients with deeper insight and a more distinctive proposition.”

Earlier this year, Howden agreed to acquire Polygon Insurance Brokers, which operates in Jersey and Guernsey.