Reinsurance News

Falcon Risk Services

Falcon promotes John Merchant to CUO

27th January 2026

Falcon Risk Services, a wholly owned managing general agent (MGA) of HDI Global SE, has promoted John Merchant to Chief Underwriting Officer (CUO), effective January 1st, 2026. Merchant was the first employee to join Falcon in October 2021, and the firm says that he has since been instrumental in the MGA's ... Read the full article

Falcon Risk appoints Laura Coppola as EVP, Head of Management Liability

25th April 2025

Falcon Risk Services, a wholly owned managing general agent (MGA) of HDI Global SE, has appointed Laura Coppola as Executive Vice President (EVP), Head of Management Liability, based in New York City. In the new role, Coppola oversees growth, portfolio management, and product development for Private and Public Company Management Liability ... Read the full article

Falcon Risk Services and ArxNimbus collaborate to transform cyber risk quantification

30th October 2024

Falcon Risk Services, a majority-owned MGA under HDI Global Specialty, which is a subsidiary of HDI Global SE, has partnered with ArxNimbus, a company in cybersecurity risk management, to reshape the approach to cyber risk quantification. This collaboration merges Falcon Risk Services' broad insurance expertise with ArxNimbus' advanced actuarial-based cyber risk ... Read the full article

Falcon strengthens underwriting team with Sterger and Nowlan hire

22nd July 2024

Falcon Risk Services, a managing general agency and HDI Company, has announced the hire of Chris Sterger as Senior Vice President - Southeast Regional Leader and Andrew Nowlan as Vice President, Design & Build. In his new role, based in Atlanta, Sterger will manage the growth of all products across the ... Read the full article

HDI Global Specialty takes control of MGA Falcon Risk

10th January 2024

HDI Global Specialty, a wholly owned subsidiary of HDI Global and part of the Talanx Group, has acquired Griffin Highline Capital LLC's share in managing general agency (MGA) Falcon Risk Holdings LLC. Falcon Risk was established by Chief Executive Officer (CEO) Craig Landi, Griffin Highline, and HDI in 2021. HDI also ... Read the full article

Falcon Risk Services strengthens leadership with two new roles

16th November 2023

Managing general agency, Falcon Risk Services, has welcomed both Ted Stefas and Gopika Shah to the newly create roles of Executive Vice President, General Counsel, and Technology Officer, respectively. Most recently, Stefas served as Chief Underwriting Counsel and Assistant General Counsel at Argo Group. Stefas will report to Chief Executive Officer (CEO) Craig ... Read the full article