Howden Re and Rivonia Road Capital expand financing for insurance professionals

Howden Re, the reinsurance, capital markets, and strategic advisory division of Howden, an insurance intermediary group, has formed a Strategic Cooperation Agreement with Rivonia Road Capital, a US-based credit investment firm.

This collaboration is focused on delivering tailored financing solutions to insurance agents, brokers, and other industry participants, with a special emphasis on the Dental, Medicare Advantage, and Supplemental Health Benefits markets.

The partnership leverages reinsurance broker Howden Re’s strong industry network alongside Rivonia’s expertise in customised asset-backed financing.

Under this agreement, Howden Re will provide innovative funding options to its global clientele, enhancing its traditional capabilities in risk management, strategic planning, and capital advisory.

Rivonia Road Capital will handle the design and administration of these financing programs, using its experience bridging insurance and asset-based lending.

Together, the two companies will create streamlined, cost-efficient programs that assist insurance agencies and brokerages in managing cash flow, scaling their businesses, and better serving their customers.

“We are delighted to formalise this partnership with Rivonia Road Capital,” commented Tae Kim, Managing Director, A&H at Howden Re.

“This is yet another example of Howden Re’s innovative approach to helping our clients stay competitive and agile in a rapidly evolving market. Rivonia’s partnership will allow us to streamline how insurance agencies, brokerages, and other participants access capital, and we very much look forward to working with them.”

“Howden Re brings best-in-class industry knowledge and access to a broad network of clients,” added Brad Smiedt, Co-Founder and Managing Partner at Rivonia Road Capital.

“Together, we will deliver strategic financing solutions that not only bolster commission revenues but also unlock growth opportunities for players across the insurance ecosystem.”

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