Howden Australia appoints Matt Bacon as CEO
Stuart McKellar appointed Head of Commercial & Affinity, and Nick Chubb appointed Head of Financial Lines
New appointments reflect Howden Australia’s ambitious growth plans in the region
Howden, the international insurance broker, today announced the appointment of Matt Bacon as CEO, Howden Australia, one of the newest entrants to the Australian broker market. Matt joins alongside Stuart McKellar, appointed Head of Commercial & Affinity, and Nick Chubb, who has been appointed Head of Financial Lines. All three appointments are effective from 22nd June 2021.
Matt joins Howden from Marsh, where he was the CEO of the Mercer Marsh Benefits business for the Pacific region. Prior to this, Matt was the CEO of JLT’s People Risk consulting business for Australia and New Zealand. Matt brings a wealth of experience and expertise, alongside a proven track record of leading and rapidly growing sustainable and robust businesses.
Stuart joins Howden from Marsh, where he was previously Deputy Leader for Corporate, Commercial & Affinity, and Nick also joins from Marsh, where he was previously Deputy Head of its Financial & Professional Services (FINPRO) practice.
Matt, Stuart and Nick join a strong cohort of industry leaders at the firm, driving forward the ambitious growth objectives of Howden Australia, which only launched on 1st March 2021. It is focused on specialist industry and product segments such as Financial Lines, Corporate Risks, Commercial and Affinity, Workers Compensation, Group Risk and Alternative Risk Transfer Solutions.
Commenting on his appointment, Matt Bacon remarked: “I am thrilled to have been afforded the opportunity to join such a forward-thinking, dynamic, entrepreneurial and frankly exciting business at a time when they are looking to expand their offering across the region.
“The team here in Australia have done a superb job in building a very solid foundation from a complete standing start at the beginning of the year. I am looking forward to working with such a talented group of people and rolling my sleeves up to help drive an accelerated but sustainable growth agenda. An agenda that encourages entrepreneurialism and empowers quick and agile decision making, whilst ensuring excellence on behalf of our clients, colleagues and insurer partners – the real ethos of what Howden is.”
José Manuel González, CEO of Howden Broking, said: “This is a fantastic evolution of the Howden story. Australia has long been a key geographical target for us, and with the current environment of consolidation, now is our time. We have a proven track record of launching successfully into targeted geographies around the world and growing rapidly. Our entrepreneurial ‘People First’ culture empowers our employees to deliver superior results and it is fantastic to see this already bearing fruit in Australia. We are very excited about the opportunities this market presents.”
David Howden, CEO, Howden Group Holdings, said: “Australia has been a key strategic market for the Group since we launched DUAL in 2004, and now the time is right for us to also enter the Australian market as a broker. We have already proven to be a magnet for the market’s leading entrepreneurial talent and we believe that Matt is the perfect leader for the broking business as we look forward to challenging the status quo and providing a dynamic choice for our people, our clients, and insurers.”