International industrial lines insurance group HDI Global Insurance Company (HDI Global) is branching out into the U.S. excess and surplus lines market, announced the formation of a subsidiary HDI Specialty Insurance Company (HDI Specialty).
HDI Specialty will target the firm’s U.S. and international clients, aiming to offer a platform for tailored products and coverage options that can be brought to market rapidly, to meet the needs of 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,” commented 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,” added Jim Clark, President and CUO of HDI Specialty.
