HDI announces fronting partnership with Hallmark Financial Services
HDI Global Insurance Company, the US subsidiary of international commercial insurer HDI Global SE, is announcing its strategic partnership with Hallmark Financial to provide capacity and product development support for its General Aviation and Small to Medium Sized Commercial property and casualty insurance products effective June 1, 2024.
This multi-year partnership continues HDI’s investment in strengthening its position in the US market by offering an expanded product offering to its growing customer base. Hallmark’s commercial business will be fronted by HDI Global Insurance Company, and its aviation business by HDI Global Select Insurance Company.
“the partnership fits perfectly into the company’s U.S. strategy. Aligning with Hallmark will allow us to further facilitate the needs of our business partners by making HDI a holistic one-stop shop for their insurance placements.” – Jim Clark, Chief Executive Officer of HDI Global US.
“Our partnership with HDI, AM Best rated A+ (Superior), is a pivotal step in our strategy to grow and diversify both our general aviation business and commercial business. We are thrilled to partner with HDI and look forward to a long and formidable partnership.” – Chris Kenney, Hallmark’s President, and Chief Executive Officer.