International insurance intermediary group Hyperion Insurance Group Limited has been given regulatory approval to acquire Windsor Limited from Hutton Collins Partners LLP.
The acquisition, which took place on 3 July, prompted Hyperion Chief Executive David Howden to expressed his delight at receiving regulatory approval and at the swiftness of the deal.
Howden went on to state that he found the regulators to be highly constructive during the process, and emphasised that a lot of work had been put in to ensure that the necessary criteria were met.
John Bennett, the chief executive officer of Windsor, is to lead the combined London broking business and will be directly responsible to Howden Broking Group CEO Tim Coles.
Bennett said that the focus now was upon integration and that work was being done to bring the businesses together as effectively as possible.
Category: Insurance News
