Howden’s horse-loving boss is building ‘the biggest small business’ in the insurance world

For a business that was started in 1994 with initial capital of less than £100,000, by three men “and a dog named Flight”, you could say Howden Insurance Group has taken off remarkably.

Adjusted revenue grew by 23 per cent to £3.01 billion (S$5.23 billion) in fiscal 2024, improving from the previous year’s £2.44 billion. In its 30th anniversary year, organic revenue growth at the employee-owned firm – about a third of its 22,000 staff own equity in the company – was 15 per cent.