HOWDEN DOUBLES THAI PRESENCE THROUGH MAXI LINK-UP

Howden, the retail broking subsidiary of Hyperion Group, has doubled the size of its presence in Thailand after launching a partnership with Maxi Insurance Brokers, a domestic Thai broker. The arrangement will see Howden Thailand and Maxi join forces to form Howden Maxi, which Howden said would be a top-10 broker in the Thai market. Jittiwut Sasibutra, the founder and managing director of Maxi, has taken on the role of chief executive of Howden Maxi. The broker will be jointly owned by Howden and Master Group Corporation, a Thai automotive specialist.