Hyperion’s Howden on why talent wants independence

Hyperion CEO David Howden has warned that further consolidation in the broking sector could turn away much needed talent from joining the market.

Speaking to The Insurer at the London Insurance Forum, the Hyperion CEO said broking clients want to work with the best people, but the sector can only retain its top talent if it provides an environment for them to grow.

“Clients want talent and talent wants independence,” he said.

“Talent wants to be able to go and work in an environment where they can develop their talent and develop their skills – an environment where they can grow.”

Howden added: “Talent needs choice. If we cannot provide that then they will go elsewhere. They will not stay in the insurance market they will go outside. It’s core to the very survival of the London market.”

Watch The Insurer’s interview with Howden for more details on the executive’s strategy to remain independent, the growth of latest venture Hyperion X and the one area where he agrees with Donald Trump…