HIIG

Skyward Specialty adds QBE’s Burkhart as president of specialty lines

Expansive US insurer Skyward Specialty has named John Burkhart as president of its specialty lines business with oversight of executive and professional liability, healthcare professional liability, surety, excess and surplus lines and accident and health.

Skyward Specialty buys Aegis Surety from K2

Skyward Specialty Insurance Group has acquired Aegis Surety from K2 Insurance Services, in a deal that also sees Skyward’s pest control solutions program XPro heading to K2.

Newly rebranded Skyward Specialty targets expansion into further lines

Following its rebranding from Houston International Insurance Group (HIIG), the CEO of Skyward Specialty tells this publication he is targeting expansion into areas such as binding authority business and that the drop in premiums in the third quarter was a blip.

HIIG rebrands as Skyward Specialty

Houston International Insurance Group (HIIG) has announced a change of name to Skyward Specialty Insurance Group, the latest strategic action to be implemented by new CEO Andrew Robinson.

HIIG combined ratio improved by 3 pts to 96.3% in Q3

HIIG improved its combined ratio by 3 points to 96.3 percent in a third quarter when it also cut its top line as part of underwriting actions taken by its new management team led by Andrew Robinson that included exits from monoline workers comp and lawyers and insurance agents liability.

HIIG expands into excess public D&O with AIG hire

Houston International Insurance Group (HIIG) has expanded its management liability coverage offerings to include an excess public D&O product, hiring Peter Bujosa from AIG as part of this move.

HIIG adds former GuideOne underwriter Rollins to property group

Houston International Insurance Group (HIIG) has hired Jason Rollins to its commercial property group as director of underwriting, in the latest of a series of hires as the specialty insurer builds out its underwriting teams.

HIIG adds two underwriters from Hanover and ANV

Houston International Insurance Group (HIIG) has continued the build out of its business with the hires of professional lines underwriters Nishal Patel and Adriana Deak and chief people officer Thomas Schmitt.

Boland brings former Hanover team to HIIG

Houston International Insurance Group’s (HIIG) newly appointed head of its E&S brokerage unit Mark Boland has brought in several members of his former Hanover underwriting team from IAT, including Josh O’Neill, Paul Gadaleta, Joe Marques and Jeff Love, The Insurer understands.

HIIG launches E&S brokerage unit with Boland hire

Houston International Insurance Group (HIIG) has launched an excess and surplus (E&S) lines brokerage business unit led by Mark Boland, former president of E&S at The Hanover.

HIIG taken off negative outlook after balance sheet actions

AM Best has revised its A- financial strength ratings on members of HIIG Group to stable from negative after the specialty insurer took various balance sheet actions.

HIIG’s Q2 GWP falls on E&S and A&H reductions

Houston International Insurance Group (HIIG) has recorded a drop in gross written premiums in a second quarter that also included $40mn of development on reserves covered by its loss portfolio transfer (LPT) with Randall & Quilter.

HIIG completes $95mn LPT with R&Q

Randall & Quilter Investment Holdings (R&Q) has announced a $95mn loss portfolio transfer (LPT) with the US insurance group HIIG, in a back years’ deal first revealed by The Insurer.

AM Best stays negative on HIIG following CEO change

AM Best has stated that it will closely monitor the financial results of Houston International Insurance Group (HIIG) following the appointment of Andrew Robinson as CEO but its A- rating and negative outlook remain unchanged.

HIIG replaces founder and CEO Stephen Way

Houston International Insurance Group (HIIG) has parted ways with its founder and chief executive officer Stephen Way, in a surprise move that sees the carrier bring in Andrew Robinson to take over the reins.

HIIG appoints Great American veteran to board as repositioning continues

Amidst the fog created by the Covid-19 crisis, recent developments at Stephen Way’s Houston International Insurance Group (HIIG) have gone largely unremarked.

HIIG closes over-subscribed $100mn rights issue

Houston International Insurance Group (HIIG) has completed its previously-announced rights offering, which resulted in proceeds of $100mn for the Stephen Way-led insurer.

HIIG’s LPT negotiator Kemp promoted to CRO

Houston International Insurance Group (HIIG) has appointed Rhonda Kemp to the newly created role of chief risk officer, after she took a lead role in negotiating a loss portfolio transfer (LPT) deal with R&Q in February.

HIIG launches data analytics and strategy units with Kapadia hire

Houston International Insurance Group (HIIG) has appointed Sandip Kapadia as Senior vice president, to lead a new underwriting data analytics and strategic underwriting review departments.

R&Q the reinsurer behind HIIG’s loss portfolio transfer

The recently announced Houston International Insurance Group (HIIG) loss portfolio transfer (LPT) was written by Randall & Quilter Investment Holdings (R&Q) with Guy Carpenter acting as reinsurance broker, The Insurer can reveal.

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