HIIG Announces Launch of Its New E&S Brokerage Business Unit
HOUSTON, Texas – September 1, 2020 – Houston International Insurance Group, Ltd. (“HIIG” or the “Company”) announced today that the Company has launched an E&S (Excess & Surplus) Brokerage business unit to provide liability and property solutions to the wholesale brokerage market. The unit will be led by Mark Boland, supported by a team of deeply experienced underwriters. Boland’s previously held roles as President, E&S at the Hanover Insurance Group; President, Hermitage Insurance; and Senior Vice President at Endurance. The new unit will add an excess facility in the near future.
“HIIG’s commitment to the E&S brokerage market is compelling and I couldn’t be more excited to launch this new business unit,” Boland commented. “Moreover, HIIG is on a path to becoming one of a few top-tier specialty insurance companies and I am excited to join the team in pursuit of those ambitions.”
Andrew Robinson, HIIG CEO, said, “We are thrilled to have Mark and other members of the team join HIIG to launch our E&S Brokerage business. Their track record in this business is outstanding and their following amongst the wholesale brokerage community is impressive.” Robinson also noted, “This is exactly the type of specialty business HIIG wants to develop and pursue in the future. We are quickly becoming an organization where top-tier talent like Mark and the E&S brokerage team desire to be. We are excited about our future and the launch of this new unit.”
HIIG is an insurance holding company formed in 2007. Based in Houston, Texas, HIIG has underwriting segments focused on Specialty Lines and Industries, Accident & Health, Programs, and Large Commercial Property. At December 31, 2019, HIIG had total assets of $1.97 billion and shareholders’ equity of $420 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.