Howden acquires Collegial Insurance Services portfolio

Howden acquires Collegial Insurance Services portfolio, complementing its presence in Sydney

Sydney, Australia, 16 September 2024: Howden, the global insurance group, announces today it has acquired the portfolio of Collegial Insurance Services (Collegial), a general insurance broker based in Sydney, Australia.

Established in 2015 by Russell Farrington, Collegial built up an outstanding client portfolio ranging from listed corporates to SME businesses. This acquisition complements Howden’s penetration in the Sydney market.

Matt Bacon, CEO, Howden Pacific commented: “We are honoured that Russell has chosen to trust Howden with his clients’ needs. We are very proud to be part of the next chapter in their journey. Russell has had a very successful history in the Sydney insurance market and has demonstrated an ongoing commitment to client service. We see many future opportunities for Collegial’s clients to access key broking talent and leading insurance solutions.” 

Russell Farrington, Director, Collegial Insurance Services said: “After nine years of running Collegial, the decision to join Howden was a significant decision for me. In the end I felt that Howden was culturally aligned with the high service standards and exceptional outcomes I have provided to my clients. Becoming part of Howden also creates opportunities to access worldwide solutions for the long-term benefit of our clients.”