Howden, an international insurance broker, agreed to acquire ARTAI, a Spain-based independent corporate insurance broker. Financial terms were not disclosed. "The acquisition of ARTAI reflects our commitment to specialist expertise, local delivery and people as the basis of our company. The purchase brings us a team with expertise and specialist knowledge that will complement our business, and also share our vision: to offer clients choice and a credible alternative in a consolidating market," Salvador Marín, Howden CEO.