HDI partnership with Hallmark strengthens its position in the U.S. market

HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI) has entered into a multi-year partnership with Hallmark Financial Services, Inc.

Through this collaboration, the insurer aims to provide capacity and product development support for its General Aviation and Small to Medium Sized Commercial property and casualty insurance products.

This partnership continues HDI’s investment in strengthening its position in the U.S. market by offering an expanded product offering to its growing customer base, which will be available from June 1, 2024.

Commenting on the partnership, Jim Clark, Chief Executive Officer of HDI Global US, stated that “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.”

Hallmark’s commercial business will be fronted by HDI Global Insurance Company, and its aviation business by HDI Global Select Insurance Company.

According to the announcement, the Hallmark team will not change, as well as the systems or processes its agency partners currently work with.

Chris Kenney, Hallmark’s President, and Chief Executive Officer, said: “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.”

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