HOWDEN MALAYSIA, one of the largest and fastest-growing insurance brokers in Malaysia providing comprehensive solutions to clients since 1978, unveils its new global unified brand.
Howden Group is entering its 30th year of operations and is represented by 15,000 people in 50 countries, and the new brand direction captures the scale of the firm’s operations for millions of clients with a fresh and dynamic visual approach, expressing each individual’s collective difference. The Group is built on the founding principles of independence, employee ownership, expertise, friendship and trust, and has created a company owned and run by the people who work in it. It has built on that and continues to bring the best insurance expertise to clients.
The unveiling of the new brand in Malaysia also coincides with Howden Malaysia’s seminar entitled Embracing Change which aims to provide updates to industry players, especially on the energy transition sector. “At Howden, our strength is our ability to keep ourselves ahead of the pack when it comes to development. And as Malaysia underscores its commitment to moving towards zero carbon, we are here to support our clients’ journey, said Eddy Hon, Executive Director of Howden Insurance Brokers Sdn. Bhd., Malaysia.
Malaysia, in line with global efforts, is transitioning towards promoting clean energy in response to climate change and has put in place policies and frameworks to transform Malaysia’s energy landscape while ensuring a transition that is fair and inclusive and reaches zero carbon emissions by 2050. Currently, fossil fuel remains the largest contributor to Malaysia’s energy supply. The government has revised the Renewable Energy capacity mix target to 40% in 2035 and 70% by 2050 from the current 3.9%. It has been indicated that a cumulative investment that ranges from RM435 billion to RM1.85 trillion is needed for Malaysia to achieve net zero by 2050.
VCM is an essential piece of the puzzle to reach net zero and is expected to play a vital role in the transition to a low-carbon future. The market for carbon credits is estimated to be worth between US$20 billion to US$50 billion by 2030.
The seminar saw participation from various key sectors and brought forth key pertinent topics pertaining to energy transition in Malaysia.
ABOUT HOWDEN
Howden is a leading global insurance group with employee ownership at its heart. Founded in 1994, it provides insurance broking, reinsurance broking and underwriting services and solutions to clients ranging from individuals to the largest multinational companies.
The group operates in 50 countries across Europe, Africa, Asia, the Middle East, Latin America, the USA, Australia and New Zealand, employing 15,000 people and handling $35bn of premium on behalf of clients.
