The Independent Choice
The experience we give our clients is everything to us
At Howden Iceland, we work for you. We're completely independent of insurance companies - we exist to find the solutions that are best for you.
We look after your interests down to the letter. Sometimes changing just a couple of words in an insurance document can have a significant effect on the terms of the contract, and therefore, decisions on claims and compensation.
We review these issues for you and make beneficial changes to the wording, before you sign.
Exceeding clients' expectations and resolving even the most difficult insurance cases to your benefit is a matter of honour for us.
We carry out your assignments with an entrepreneurial, proactive approach - and we’re always on your side.
We serve corporate clients in a variety of industries
Howden Iceland brings you specialist expertise in:
- Risk Management
- Liability Insurance
- Property Damages
- Business Interruption
- Cyber Insurance
- Directors & Officers Insurance.
What we do for you:
- Provide unbiased information on forms of insurance, quotes, premiums and terms
- Evaluate the risks your business faces and prepare risk management plans, which will save you time and money down the line
- Make personalised recommendations to suit your needs
A broker truly proves their worth in a claim situation
When an accident or other losses occur, we support you throughout the claims process.
During a claim, we represent you in negotiations with the insurance company, handle appeals where necessary and submit the most difficult cases to the Insurance Complaints Board for a resolution.
More than 1 in 10 claims decisions by insurance companies are rejected in error.
It is our job to make sure our clients are not part of the 10%.
Each year, we win many appeals to overturn insurer decisions. Our appeal work brings our clients a combined annual value of more than one million euros
We're always here to help
How an insurance broker works
As an insurance broker, Howden is independent of insurance companies. An insurance broker always serves as its customer’s representative and looks after their interests. According to the legal definition, an insurance broker works on behalf of its customer and based on a service agreement signed with the customer. Examples of an insurance broker’s tasks include:
• customer risk assessment
• specification of insurance needs
• requesting quotations from insurance providers
• comparing quotations and preparing an objective analysis
• providing unbiased information on forms of insurance, insurance premiums and terms of insurance
• issuing a personal recommendation to choose an insurance solution that best suits the customer’s needs.
Working with a stable and trustworthy partner makes it safe for you to focus on your core business.
This reduces the time spent on insurance issues and minimises your headaches when damage occurs.
Your dealings with insurance companies are made much easier by you not having to familiarise yourself with every complicated insurance document.
An insurance broker stays up-to-date on changes to insurance terms and premiums as well as the development of the insurance market.
Operating internationally or planning to expand?
We can help you with risk assessment and protection. Our international network gives you access to specialised expertise even outside Iceland’s borders, with more than 20,000 professionals in over 90 countries all ready to help.
Born in London, in 1994
In only 27 years, Howden Broking has grown from just three friends and a dog, to one of the biggest insurance brokers on the world stage. How did we do it? With a bold independent spirit, and a culture where everyone believes in four key principles.