Global insurance and reinsurance brokerage Howden has appointed Emily Almond as divisional chief executive officer (CEO) and Sebastiano Doria as chairman of global financial sponsorship business.
The team will work alongside Howden’s existing global expertise, including its Capital, Advisory and Placement (CAP) team. The pair will be responsible for establishing and managing how Howden serves the global private capital sector.
The broker explained that clients in the sector have unique needs for tailored risk advisory and insurance solutions to support them throughout the investment lifecycle.
The broker’s capabilities were recently strengthened through the acquisition of US independent trade liability insurance broker Atlantic Global Risk, as well as a series of strategic appointments to its Asia trade liability team.
Almond has more than 18 years of experience advising private capital investors on mergers and acquisitions, risk mitigation and transfers to address operational risks in their portfolio companies. Most recently, she served as chief customer officer at Marsh.
Doria is a 25-year veteran of the private equity insurance industry and was previously Managing Director and Vice Chairman of Marsh Global and International Private Equity. In this role, he advises boards of directors, CEOs and CFOs, financial sponsors and businesses.
David Howden, Chief Executive Officer and Founder of Howden, commented: “What sets Howden apart is our ability to attract and leverage the best expertise in global markets. Under Emily and Sebastiano’s leadership, we will continue to strengthen our global service offering to private capital clients, building on our recent investments in talent in the U.S. and Asia and our existing strong transaction liability capabilities.”
Howden Specialty CEO Sarah Hughes added: “I’m delighted that Emily and Sebastiano have chosen to join Howden to help us design a coherent global offering for this important sector. This is another example of our commitment to investing in the best talent around the world.”
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