Howden Broking Buys Independent Superyacht Broker Sturge Taylor

United Kingdom
23rd March 2021

Howden Broking Buys Independent Superyacht Broker Sturge Taylor

Howden Broking announced that it has acquired independent superyacht insurance broker Sturge Taylor & Associates (STA Group).

STA Group will become part of Howden and will operate under the new trading name Howden Sturge.

Established in 1994, Howden employs more than 6,500 people worldwide and operates in more than 90 territories.

The acquisition, for an undisclosed sum, further underlines Howden’s drive to invest in specialisms and embed them across its global platform, enabling it to offer greater expertise and advice to clients, said the company in a statement.

STA Group, which has been addressing the insurance requirements of superyacht owners and the connected industry for over 50 years, is the world’s leading independent specialist superyacht insurance broker with 30 employees and offices in London, Southampton and Antibes and includes the well-known Fastnet Marine insurance broking firm.

Andy Bragoli, CEO of Howden’s UK region, commented:

Members of the STA Group see the acquisition as beneficial for their client base.

Burr Taylor and Caspar McDonald, Directors of Sturge Taylor, and Richard Power, Director of Fastnet Marine. commented in a joint statement:

Howden’s Marine division, which comprises more than 110 people, is headquartered in London with offices across Europe, Asia-Pacific and the Middle East, and with access to a network of international partners.

Daniel Whiteside, Global Head of Marine for Howden, commented:

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