In August, Howden agreed to buy French firm CRF Conseils. Credit: Rodrigo Pignatta from Pixabay.

UK-based insurance intermediary Howden has brokered a deal to buy French insurance firm Théorème for an undisclosed sum.

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

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Founded in 1991, the French firm specialises in the property & casualty and employee benefits lines of business.

Théorème caters to large, medium and small corporate clients across the full insurance value chain.

It also operates a motor fleet platform.

Currently, the firm serves 1,500 clients via its offices in Paris, Annecy and Nantes.

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 agreement follows Howden’s decision to buy France-based financial lines broker CRF Conseils.

Howden France CEO Nicolas Aubert said: “Théorème offers knowledge and technical skills that will allow us to both expand and enhance our client proposition in France. The firm’s multi-specialist positioning is highly complementary to Howden’s capabilities and Théorème’s motor fleet platform is unmatched.

“Building on our acquisition of CRF, our purchase of Théorème reasserts our ambition to build a platform based on advanced experience and expertise, which will welcome the best talent in the French insurance market.”

Théorème president Xavier de Font-Réaulx said: “We are proud of the entrepreneurial and autonomous culture that we have developed and nurtured at Théorème over the past 30 years. When it came to thinking about the future of our family business, after many steps, we enthusiastically chose to join Howden.

“Joining the Howden “family” is ideal for us. We have common principles centred on expertise, collective culture, a vision for employees and a customer-centric approach.”