Howden Acquires Chilean Retail Insurance Broker
Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile.
Following completion of the acquisition, Felipe Ureta assumes the role of CEO of Howden Chile.
Financial details of the deal were not disclosed.
Howden said the acquisition boosts its LatAm strategy to invest in and develop its presence in five key countries: Mexico, Colombia, Brazil, Peru and Chile, for the benefit of clients in the region.
Founded by Felipe Ureta in 2010 and Matias Fernande…