HDI Global Specialty sets sights on bold US expansion with MGA grab
HDI Global Specialty has taken a majority stake in managing general agency (MGA) Falcon Risk Holdings and acquired a subsidiary of Pennsylvania Lumbermens Mutual Insurance (PLM), in a strategic move to strengthen its position in the US market with an initial focus into the “attractive” surety and fidelity insurance business.
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4 September 2019 Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority.