03-08-2025
- Business
- AU Financial Review
British giant Howden says 70pc of Australian business underinsured
Howden's local chief executive, Matt Bacon, says as many as 70 per cent of the country's middle-market businesses are underinsured, a figure that has the British insurer optimistic about growing quickly in Australia.
While the company has operated in Australia since 2021, starting local operations soon after the COVID-19 pandemic outbreak, the insurer has gained more recognition recently as the front-of-jersey sponsor of the British and Irish Lions as they toured the country.