11 January 2024Insurance

HDI Global Specialty sets sights on bold US expansion with MGA grab

HDI Global Specialty has taken a majority stake in managing general agency (MGA) Falcon Risk Holdings and acquired a subsidiary of Pennsylvania Lumbermens Mutual Insurance (PLM), in a strategic move to strengthen its position in the US market with an initial focus into the “attractive” surety and fidelity insurance business.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
2 April 2026   New head to drive portfolio growth and broker engagement strategy.
Insurance
2 April 2026   Auto and home insurance premiums dropping as litigation dries up.
Insurance
2 April 2026   New function targets carrier alignment across $7.9bn GWP platform.