General Insurance Article - Howden completes acquisition of Indonesian broker operation

 Howden Broking Group has announced that it has completed the acquisition of Accette Insurance Group’s Indonesian operation, PT Accette Brokers Asuransi. The business has been renamed PT Howden Insurance Brokers Indonesia, and will trade under the Howden brand.

 Tim Coles, ceo of Howden Broking Group, comments “With the world’s fourth largest population and a robust and growing economy, Indonesia is an important global market. The huge infrastructure development currently planned and taking place in the country, combined with a growing affluent community and low levels of insurance penetration, mean that it is also a market of great opportunity which we intend to be a major part of.”