Howden acquires Hencilla Canworth, strengthening its position in the Sports and Entertainment market
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London, 6 March 2024 – Howden announces that it has acquired Hencilla Canworth GI Ltd., (“Hencilla Canworth”) a leading British independent specialist performing arts insurance broker, adding further scale and product expertise to Howden’s leading Sport and Entertainment division.
Originally founded in 1981, trading as Hencilla Canworth GI Ltd since 2021, and based in Croydon, UK, Heancilla Canworth is an independent specialist insurance broker providing insurance solutions for the performing and creative arts. It has established insurance schemes with many leading organisations in the sector, including the Musicians’ Union and BECTU (Broadcasting Entertainment Communications and Theatre Union).
The addition of Hencilla Canworth follows a series of other recent acquisitions by Howden’s Sport and Entertainment team across Europe, including Franz Gossler Insurance Group, a German film and entertainment insurance broker, Assimovie, an Italian television and film broking house, and Media Insurance Brokers, a major UK and Irish film and television insurance intermediary.
Duncan Fraser, Global Practice Leader, Sport and Entertainment, Howden, said: “We are building our capabilities and expertise to meet the growing demands of our Sport and Entertainment sector clients across all our key markets. Hencilla Canworth’s team have strong relationships with many leading clients in the music and performing arts sectors, presenting us with a significant opportunity to develop our business.”
David Pollard, CEO, Hencilla Canworth, added: “We have established a leading brand in the performing and creative arts insurance sector, with deep expertise and established ties to the industry. Our clients will reap the benefits of us being part of Howden's global network, which will improve our ability to provide innovative solutions that are tailored to their needs.”