Howden acquires Help Me Compare Group
Howden Group Holdings has announced the acquisition of Help Me Compare Group ( ActiveQuote ) and its subsidiaries, a UK-based health and life insurance broker. This acquisition bolsters Howden’s position in the UK health insurance broker market, catering to a wide spectrum of clients, from individual consumers to multinational corporations.
Founded in 2009 by Richard Theodossiades, Help Me Compare Group employs 132 people at its Cardiff Bay head office, managing approximately £60 million in premiums. The acquisition strengthens Howden’s presence in the consumer insurance sector and aligns with its broader strategy to expand employee benefits capabilities to meet growing client demand.
This acquisition follows Howden’s recent purchase of AGEO Group, one of France’s leading employee benefits providers, further expanding Howden Employee Benefits’ global team to over 2,500 employees across 38 countries.
“This acquisition comes at a crucial time. Over the past 12 months, we’ve seen a 46% surge in interest from individuals seeking private medical insurance to speed up their access to diagnosis and treatment. By bringing HMCGL (ActiveQuote) into our fold, we are perfectly positioned to meet this growing demand.” – Mike Dalby, Managing Director, UK Consumer Life & Health.
“HMCGL (ActiveQuote) are a well-respected group with strong expertise, an outstanding reputation, and a great team that we have known for a long time. We are therefore delighted to welcome CEO Rob Saunders, and their highly experienced team into Howden. This acquisition reflects our ambition to grow the UK consumer health insurance market under Mike’s leadership.” – Glenn Thomas, CEO & Global Practice Leader of Howden Employee Benefits.
“After 15 years of independence, growth, and development, becoming part of Howden is a significant step in our growth journey – both for our people and our clients. Howden was the only company we wanted to join and together we will provide enhanced solutions for our clients.” – Rob Saunders, CEO of HMCGL (ActiveQuote).
