Contributors
Womble Bond Dickinson (WBD) has advised Howden Broking Group (Howden) on its acquisition of Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector.
The acquisition strengthens Howden's Health & Care division as it continues to invest in specialisms to support clients. This is an important strategic partnership for Howden at a time when individuals and businesses have placed an increased value on their health as a result of the COVID-19 pandemic.
The WBD team advising Howden on the deal was led by partner Tom Fitzpatrick and managing associates Alex Fergus and Ronan Lowney who provided key corporate and tax advice.
Tom commented:
"We are delighted to have completed our first deal for Howden, an exciting new client in the insurance sector where WBD has been increasingly active over the past five to six years."
Chris Keville, Legal Counsel at Howden, added:
"This is an important strategic acquisition for the business and we enjoyed working with WBD who provided excellent support throughout the process."
Ranking in the UK's top 20 law firms, WBD supports clients with their regional, national and international growth strategies. WBD's insurance sector team advises insurance industry leaders across a wide range of industry leading projects. The firm has an established reputation for providing corporate, commercial, regulatory and claims management advice to high profile clients including AIG, Allianz, AmTrust, Arch, Beazley, Howden and Liberty.
