11 January 2024Insurance

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.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

HDI Global extends Asian reach via new Bangkok team

1 March 2023 HDI Global recruited a forty-year industry vet to head up the new drive.

Insurance

HDI Global Specialty expands UK executive team in growth strategy

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.

Insurance

HDI Global Specialty hikes insider to regional aerospace leadership

19 December 2023 The aerospace underwriter came to HDI with aviation leasing & risk pedigree.