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Hyperion Group

Interview - Matthew Reed: The challenge is everything

With insurance as his third career, Matthew Reed, Axa Commercial’s managing director of intermediary and direct, has risen rapidly up the ranks. Amy Ellis finds out how previous experiences have invested him with the determination to turn the insurer…

Howden opens for business in Bermuda

Howden Broking Group, part of international insurance and reinsurance distribution group Hyperion, has opened a new wholesale and retail operation in Bermuda’s capital, Hamilton.

Professional indemnity – the growth market

Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.

Broker IPOs: Who dares wins

Broker IPOs keep the rumour mill active but very few actually occur. Rachel Gordon finds out why this is and looks at which companies are most likely to pursue the public route.

Growth in the marine market

New entrants are popping up in the European marine market on a regular basis yet report say rates are softening as there is over capacity. Jakki May takes a look at the market to assess what the real state of play is.

Interview - Tim Coles: up and at it

After serving in the army, Tim Coles, chief executive of Howden, found fresh excitement in the world of insurance. Mairi MacDonald talks to him about the company's unique attitude and his plans to grow the business further.

Editor's comment: tying the knot

The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.

Howden boosts GWP by 45% with PYV buy

Howden Broking Group has grown its gross written premium on its professional indemnity and directors’ & officers’ liability books in the UK from £35m to just over £50m with the acquisition of PYV.

Dual expands PI offering

Dual Corporate Risks has launched a product for computer consultants and contractors combining professional indemnity and products liability.

Power Place chief executive steps down

Matthew Reed has stepped down as Power Place chief executive — just four days after private equity firm Advent took a 45% stake in its parent company, Towergate earlier this month.

Hyperion chair: IPO on track after 41% leap in EBITDA

Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.

Howden strengthens Mexican ties

Howden has signed a formal co-operation agreement with Financial Lines Advisory Group (Flag) to support the expansion of its specialist products throughout Latin America.

Hyperion deal

Hyperion Broking has agreed to acquire Singapore's Accette Insurance Group.

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