Insurance company sets up new E&S carrier

Insurance company sets up new E&S carrier | Insurance Business America

Insurance company sets up new E&S carrier
HDI Global Insurance Company is launching an excess and surplus lines subsidiary.

The subsidiary will be called HDI Specialty Insurance Company (HDI Specialty), and it will offer specialty insurance solutions for industries with unique risks.

“As a carrier that has built a strong reputation for insuring complex risks, our expansion into the E&S market compliments our commitment to find the right insurance solutions for our industrial clients,” said HDI Global Insurance and HDI Specialty CEO Dr. Lothar Becker.

“This new platform will allow us to bring European expertise and solutions to the underserved alternative energy, Private Public Partnerships (P3s), and Design-Build Construction markets,” commented HDI Specialty president and CUO Jim Clark.

HDI Global SE, a member of the Talanx Group, has over 3,000 employees across 130 countries through subsidiaries and network partners. HDI Global Insurance Company is HDI Global SE’s commercial property and casualty insurer, based in Chicago.

A.M. Best gave HDI Global SE, HDI Global Insurance Company, and HDI Specialty each a financial strength rating of A (Excellent).

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