Howden hopes to strengthen its offerings for small businesses through the deal. Credit: Tim Mossholder on Unsplash.

International insurance broker Howden is expanding its Swiss operations with the acquisition of two intermediaries, namely argenius Risk Experts (argenius) and RVA Versicherungsbroker (RVA).

The financial terms of the transaction were not disclosed.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Born Consulting, a unit of Howden Switzerland since 2022, is acquiring RVA.

Through the deal, Howden hopes to strengthen its offerings for large institutions and small and medium-sized enterprises (SMEs).

A specialist in risk analysis and portfolio placement, argenius primarily advises medium-sized businesses and large organisations.

Besides being a speciality broker with a focus on social entities, RVA caters to SMEs to address their insurance and risk-related needs.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The deal comes after the acquisition of three Swiss brokers over the last two years, including Born Consulting, Bachmann & Partners, and Broker Centre Zurichsee.

Once completed, the acquisition of argenius and RVA will increase Howden Switzerland’s 130 employees across eight regions, including Zurich, Basel, Zug, Bern, Lucerne, Chur, Geneva, Lugano, and the principality of Liechtenstein.

Howden Europe CEO Luigi Sturani 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.”

Last week, Howden expanded its marine portfolio in Europe with the acquisition of insurance broker Northern Lloyd.