HIIG ANNOUNCES APPOINTMENT OF NEW CHAIRMAN OF THE BOARD
HOUSTON, Texas – June 3, 2020 –Houston International Insurance Group, Ltd. (“HIIG” or the “Company”) announced that J. Cameron MacDonald, a current director of HIIG, has been appointed Chairman of the HIIG Board of Directors.
MacDonald joined the HIIG Board in 2014 and also serves as Chair of the Executive and Investment committees. MacDonald is the President and CEO of The Westaim Corporation (“Westaim”), a 44% owner of HIIG. MacDonald also serves as a director of Westaim.
HIIG is an insurance holding company formed in 2007. Based in Houston, Texas, HIIG has underwriting s focused on Accident & Health, Commercial, Excess & Surplus Lines and Specialty. At December 31, 2019, HIIG had total assets exceeding $1.75 billion and shareholders’ equity of more than $370 million. HIIG’s subsidiary insurance companies consist of Houston Specialty Insurance Company; Imperium Insurance Company; Great Midwest Insurance Company; Oklahoma Specialty Insurance Company; and Boston Indemnity Company, Inc. These insurance companies are rated A- (Excellent) Financial Category IX by A.M. Best Company. For more information about HIIG, its people and products, please visit www.hiig.com.
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