UK-based insurance company forms new local entity in Tanzania



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David Howden, CEO of Hyperion and Howden, said, "This is a great partnership for Howden in Africa and we are excited to be working with BR Puri as one of the market leaders. In Tanzania, their strong customer focus makes them a natural partner for Howden.Refer to our strengths means that Howden Puri is well positioned to serve local businesses as well as the international community in Tanzania, East Africa. and beyond .. The growth opportunities are very exciting. "

Commenting on the announcement, Arun Puri, president of Howden Puri, said:" BR Puri & Company, founded by my father in the 1950s, was one of the first insurance broker companies in Tanzania, I am confident that the combination of our local knowledge and experience and the expertise and global reach of Howden will benefit greatly to our existing customers and new. "

Umesh Puri, CEO of Howden Puri, added:" ### As a forward-looking brokerage firm in Tanzania, our goal is to actively explore new insurance products and pave the way for innovation in our market .

Tanzania was chosen as the first direct investment for Howden in Africa because we believe that the recent initiatives undertaken by the regulator are encouraging and that the overall outlook for the country is positive. "

In 2011, the Accette Insurance Group was part of the Howden Broking Group, now known as Howd Risk Management Consultants Sdn Bhd, providing insurance solutions to clients in Malaysia. for over 10 years with the collaboration of two other companies to provide a wide range of insurance options.

the world's largest employee-owned insurance group made up of divisions Brokerage Howden, RKH Specialty and RKH Reinsurance, and Subscription Division DUAL

Howden, the brokerage division of Hyperion Insurance Group, offers a range of insurance solutions around the world. [19659002] Howden has offices in Europe, Asia, Latin America, the Middle East and Africa.It has the largest reach with its own offices of any independent broker and a total reach over 80 territories with its partner network Howden One

Hyperion is a leading international insurance group whose employee shareholding is at the heart. It includes the broker divisions Howden and RKH, and the underwriting division DUAL. Hyperion's operations operate in Europe, Asia, the Middle East, Africa, Latin America, the United States, Australia and New Zealand, employing more than 3,800 people in 38 countries.

BR Puri & Company began its career as a representative of various leading insurers such as Eagle Star Insurance Company, Yorkshire Life Assurance, LIC of India, American Life to name a few. some.

As a result of the nationalization of the insurance industry in 1977, the company then served as the principal service agent for the national insurance company, namely the NIC (T) Limited.

Later, during the privatization of the insurance industry in 1998, the company was registered as an insurance broker with all insurance companies registered in Tanzania .

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