HDI Global forms E&S insurer in the US
International insurer HDI Global Insurance (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance (HDI Specialty).
Chicago-based HDI Specialty is aimed at HDI’s international and domestic clients and will provide tailored, speed to market products and coverage for customers with unique risk profiles, the insurer said in a statement.
“As a carrier that has built a strong reputation for insuring complex risks, our expansion into the E&S market complements our commitment to find the right insurance solutions for our industrial clients,” said Dr Lothar Becker, CEO of both HDI Global Insurance Company and HDI Specialty.
“This new platform will allow us to bring European expertise and solutions to the underserved alternative energy, private public partnerships, and design-build construction markets,” said Jim Clark, president and CUO of HDI Specialty.
HDI Global SE is an international industrial lines insurer and member of the Talanx Group. HDI Global SE, HDI Global Insurance and HDI Specialty hold financial strength ratings of A (Excellent) from AM Best.
