Howden, an international insurance broker, completed the acquisition of Banca March, a Spanish insurance broker. Financial terms were not disclosed. "The acquisition of March Risk Solutions and our strategic alliance with Banca March is a significant step towards our goal of becoming the leading insurance broker in the Spanish market. The combined talent of both organisations will provide a comprehensive and unique service to our clients in the region. Howden Iberia will be a leader in Maritime, Fleet and Employee Benefits, as well as in the Food & Beverage and Logistics & Distribution sectors,” Salvador Marin, Howden Iberia CEO.