Howden has announced that it has hired Naresh Dade to lead its rapidly growing Construction practice. This appointment will help drive Howden’s ambition to grow its global construction capability and continues to position it as the challenger broker in this sector. Dade will be based in London.
Paul Redgate, Head of Howden Specialty says: “Our aspiration has been, for some time, to significantly elevate our offering to construction industry clients.
Against the backdrop of challenging market conditions and diminished broker choice for clients, the time is right for us to be launching a much enhanced global construction capability in response to clear client and market demand.
Dade, formerly Senior Vice President, Construction, Marsh JLT Specialty, New York who will join as Managing Director, Howden Global Construction practice, says: “This is a fantastic opportunity to join a highly ambitious company with an appetite to build a construction practice that will rival anything else in the market. By building on Howden’s already strong foundations with further investment in the very best construction experts, it will provide a compelling retail and specialty proposition. It also offers Howden as a natural alternative in a market currently providing limited choice for insureds and limited distribution for insurers.”
Andy Bragoli, CEO, Howden Insurance Brokers Limited says: "This represents another opportunity to bring our specialty offering closer to clients and offer them industry-leading specialist advice. By patiently and thoughtfully investing in our Construction practice, we are combining the talents of our in-house team with further expertise from some of the leading practitioners in the market. Our ability to hire top talent demonstrates that Howden is the alternative of choice for both the entrepreneurial-minded and also clients who value choice and exceptional service delivery.”