Hyperion Insurance Group

Hyperion is an international insurance intermediary group, responsible for around £4.4bn of premiums. They operate in 38 countries around the world, employing over 3,800 people.

Hyperion Group is made up of Howden (an international independent retail broker), RKH Speciality (an independent speciality lines broker), RKH Reinsurance (international speciality and facultative reinsurance solutions) and DUAL Group (the underwriting division of Hyperion).

Hyperion was founded by David Howden in 1994, originally launching as a small broker.

The Group’s most recent Private Equity Round raised $400m and was led by Caisse de Depot et Placement du Quebec (CDPQ); it was announced in December 2017. The institutional investor will become a growth partner along with General Atlantic. Following the investment, Hyperion plan to continue making strategic partnerships, secure acquisitions and launch several operations over the next 12 months.

Hyperion noted a 17% increase in revenue for the year ended September 2019, reaching £725m.

In January 2020 the company announced it had the capacity of £300m for growth initiatives and M&A activity, and was currently looking at a shortlist of around 20 potential acquisition targets across several different territories.

In October 2020 Hyperion Insurance Group revealed it is to receive a long-term equity investment of up to $1.5bn from investor Hg, valuing the company at $5bn. Hyperion stated it would use the investment to accelerate growth through acquisitions and investments in data and technology.