When the business belongs to the people, compared to being in a large corporation working for someone else, you certainly behave in a different way. We take pride in our culture; itâs dynamic and supportive, with opportunities there for the taking. The transaction establishes a sustainable, long-term capital model with core employee ownership supported by collaborative investment partners, enabling Hyperion to build out Howden as a leading international challenger broker and DUAL as an international specialist MGA.
Weâre glad to say that weâve stayed true to that vision, and itâs got us to where we are today. U.S. Traffic Deaths Fell After Coronavirus Lockdown, But Drivers Got Riskier, Amazon Reports Over 19,000, or 1.44%, of U.S. Frontline Employees Had Covid-19, Arkema, Executives Acquitted of Charges From 2017 Chemical Fire, California's Wine Country Residents Facing Fire Fatigue, $215M in BP Oil Spill Money to Restore Louisiana Marshes, A Happy Hour with Kevin: Booze... the Webinar, Commercial Property Master Class - Causes of Loss Forms, Exclusions.
Hyperion will represent Hg’s sixth investment in the wider sector over the last 5 years – with these businesses together totalling over $1 billion of invested client capital. © Hyperion 2020, Hyperion Insurance Group Limited is registered in England and Wales under company registration number 2937398. % of people found this article valuable. Itâs about building a business that takes care of people, our communities and the world around us, now and in the future. Find your place in a company thatâs doing things differently. Hg has funds under management of over $30 billion, with an investment team of over 140 professionals, plus a portfolio team of more than 30 operators, providing practical support to help our businesses to realise their growth ambitions. Bold companies need talent in all its forms. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. “I am delighted that Hg have chosen to become a partner alongside General Atlantic and CDPQ.
Most importantly, itâs built by every one of our people. Hg helped to drive a focus on embedding data and technology in A-Plan Group’s best-in-class service model over its investment period. We can keep this excitement and mentality, and we could be doing anything. Thatâs whatâs made us one of the fastest growing international insurance groups. Request a free trial Hyperion (Coal and Consumable Fuels Equipment) Investors (2)
The full terms of the transaction are not disclosed and closing is subject to obtaining relevant regulatory approvals. The company says it's capable of a range of 1,016 miles. Required fields are marked *. “The Hg team bring not only significant capital, but also considerable expertise and I look forward to welcoming them to the board.”. The most attractive part of the group is that it still feels like a small company â that whole entrepreneurial thing where you can say âhereâs an idea, how can I solve it?â. Expertise, creativity, and the commitment to go the extra mile for our clients. Will Agency E&O Claims Be The 'Next Wave' of COVID-19? The investment continues Hg’s focus on insurance distribution and insuretech. It is a privilege to work with three partners who embrace our core ambition to build a sustainable and successful business, and who will help us to deliver on our strategy over the coming years at this very exciting time in the industry,” said Dominic Collins, chairman of Hyperion.
The company is named after Hyperion Avenue, the location of Walt Disney Studios prior to 1939.
Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Interaction feels natural and smooth when the P7 helps you process your commands. “It is a privilege for Hg to back David and his fantastic team through this investment in Hyperion.
Please tell us what you liked about it. In addition to providing capital, Hg’s deep knowledge of software and data will help Hyperion stay at the forefront of technology adoption across the insurance sector,” said Land. Private Equity Firm Hg Invests in Hyperion in Transaction Valued at US$5 Billion, Meat Plant Workers Being Denied Workers' Compensation for COVID-19: Reuters, Insurance Broker Gallagher Reports Ransomware Attack, Few Wisconsin Residents Have COVID-19 Antibodies, Study Shows, Construction Worker Fired, Punched for Complaining About Drunk Boss Wins $1M, Competitive Intelligence Senior Consultant -, Business Intelligence Data Analytics Consultant II -, Report: Crisis Management Needs Unmet for 60% of Mid-Sized Businesses, Coronavirus Pandemic Makes Politically Risky World Even Riskier, Reconstructing the Construction Market for the COVID-19 World, Meeting the Needs of the “New” Gig Economy. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Company profile page for Hyperion Inc including stock price, company news, press releases, executives, board members, and contact information The Hyperion XP-1 is a new hydrogen supercar arriving in 2022.
Hyperion operates across 200-plus global offices in 40 countries and employs around 6,000 people to manage approximately $9 billion of gross written premium on behalf of its clients. We just happen to be in insurance. Thank you! Build your career at a business thatâs doing things differently. We set out to build the kind of business weâd be happy to work for. “I am thrilled to welcome Hg as a long-term partner.
Based in London, Munich and New York, Hg has a portfolio of over 30 software and technology businesses, comprising over 30,000 employees across the UK, U.S. and Europe.
The Disney Book Group publishes children's books under the Disney-Hyperion publishing arm. Claudia Velez Diaz, Head of Strategy, Howden, Darren Doherty, Commercial Director & Vice Chairman, DUAL, Isabelle Cadignan, Managing Director, Howden One. Hyperion’s broking arm, Howden, recently announced it had reached agreement to acquire A-Plan Group from Hg. We have very much in our DNA the sense of independence and shareholders. By continuing to use our site, you accept our revised Privacy Policy. Thank you! Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Panoramic Roof. Hyperion operates across 200-plus global offices in 40 countries and employs around 6,000 people to manage approximately $9 billion of gross written premium on behalf of its clients. Hyperion, a Southern California technology company specializing in hydrogen generation, storage and propulsion, today unveiled the XP-1 prototype via video.
The company is a unique and special business, driven by its outstanding culture and quality of talent, and it has a significant growth opportunity across the global insurance sector in the coming years,” commented Andrew Land, partner at Hg. Our story started with three young brokers and a Weimaraner named Flight. Our clever cookies help you find what you need faster and show you things we think youâll be interested in. “We got to know David during the recent sale by Hg of A-Plan Group to Hyperion, and it became clear that our long-term investment approach and specialism in technology were a great match for him and his team. In conjunction with an additional debt raise and existing resources, the investment will provide Hyperion with up to $1.5 billion to accelerate its growth with both selective acquisitions and investments in data and technology, said Hyperion in a statement. Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity investment in Hyperion Insurance Group Ltd., the insurance intermediary. Founded in 1994 and headquartered in London, Hyperion’s core activities are retail, specialty & reinsurance broking. The Hyperion management team and employees will remain the largest shareholder group in the company, with more than 1,000 individuals now owning shares. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. Hg will join Hyperion as an aligned, long-term, growth partner alongside General Atlantic, which invested in Hyperion in 2013, and CDPQ, which invested in Hyperion in 2018. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. It is the fifth largest employee-owned business in the UK. It intuitively coordinates your driving and smart mobility. Since then we've welcomed new businesses to our ranks, crossed oceans, and spent 25 years building a culture weâre proud of. Founded in 2011 by an expert team of PhD's, Hyperion is a technology company that consists of three divisions, Hyperion Energy, Hyperion Motors, and Hyperion Aerospace: all … Please tell us what we can do to improve this article. Whether youâre building towards your next adventure or protecting your hard-won achievements, we have the expertise you need. Get the insurance industry's trusted newsletter, Your email address will not be published. It's about allowing people to be the best they can be, so they can do the best for the client. We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. The transaction values the business at an enterprise value of around US$5 billion. This experience in technology will also benefit Hyperion X, the Group’s digital, data and analytics business. Through its MGA subsidiary DUAL, it facilitates the provision of B2B insurance across a wide geographic footprint. Hyperion is a warm place and that warmth is people. A command center beyond conventional definition. A European investor in software and services, Hg is focused on backing businesses that “change how we all do business,” the company said.