HIIG becomes Skyward Specialty as new CEO takes strategic action

Property/casualty insurer Houston International Insurance Group (HIIG) has changed its company name to Skyward Specialty Insurance Group, as part of the strategic actions implemented by  new CEO Andrew Robinson to capitalise on the changing market conditions.

The move follows its $100 million capital raise earlier this year, as well as several experienced hires and expansion of its product portfolio.

Skyward (formerly HIIG) recently launched a new excess & surplus (E&S) brokerage business, and expanded its management liability offerings to include public directors and officers (D&O) capability.

“Skyward Specialty is poised to accelerate growth in the specialty niches we serve with products borne from uncommon insight and creative approaches to execution," said Robinson. “This brand launch was made with our employees and their families, our distribution partners and clients, and our communities and investors in mind. It provides a wonderful touchstone for our future.”

Robinson explained: “The name 'Skyward Specialty Insurance' more clearly describes who we are today, better reflects our strategy, and conveys the company’s promise to our clients and distribution partners.

“The word ‘Skyward’ is about the power to see farther and have a broader perspective, while ‘Specialty’ reinforces the company’s self-identification with products and solutions that are tailored to our clients’ unique and special needs.”

“This is more than a new name,” Robinson added. “This rebrand is part of a dynamic shift within our company and the insurance industry at large. Recognising the challenges our clients face, Skyward Specialty aims to create lasting impact at a time of dramatic change. The level of risk today is different and has never been greater; Skyward Specialty is about an adjustment of perspective and the capabilities needed to better address those challenges and risks to achieve success beyond convention.”