Howden snaps up cyber specialist

Deal merger

Howden announced it has reached an agreement to acquire Safeonline, a cyber and tech specialist broker and Lloyd’s coverholder. 

Safeonline has a proprietary insurtech platform, iQ, which comprises online quote & bind functionality that distributes to both the UK SME and international wholesale sectors. This online portal provides capacity for SME retail customers and represents a highly complementary distribution model for Howden. 

The broker stated that iQ also complements Howden’s existing

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