Launch of subsidiary, “HDI Specialty Insurance Company”
Chicago, IL (Aug. 17, 2017) – International insurer HDI Global Insurance Company (HDI) is pleased to announce the formation of its excess and surplus lines subsidiary, HDI Specialty Insurance Company (HDI Specialty).
HDI Specialty is at the forefront of the organization’s strategy to respond to the needs of its international and domestic clients and will be the platform for tailored, speed to market products and coverage for customers with unique risk profiles.
“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 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 (P3s), and Design-Build Construction markets,” adds Jim Clark, President and CUO of HDI Specialty.
About HDI Global SE (HDI)
HDI Global SE is a leading international industrial lines insurer and member of the Talanx Group. HDI Global SE, with over 3,000 employees worldwide, is active in more than 130 countries through subsidiaries and network partners. In the United States, HDI Global SE operates with its subsidiary, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, Illinois and is licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
HDI Global SE, HDI Global Insurance Company and HDI Specialty hold Financial Strength Ratings of A (Excellent) from A.M. Best.
Source: HDI Specialty Insurance Companycarrier, Excess & Surplus Lines, HDI, subsidiary