Howden’s local chief executive, Matt Bacon, says as many as 70 per cent of the country’s middle-market businesses are underinsured, a figure that has the British insurer optimistic about growing quickly in Australia.
While the company has operated in Australia since 2021, starting local operations soon after the COVID-19 pandemic outbreak, the insurer has gained more recognition recently as the front-of-jersey sponsor of the British and Irish Lions as they toured the country.
Source: https://www.afr.com/companies/financial-services/british-giant-howden-says-70pc-of-australian-business-underinsured-20250729-p5miou