Effective June 1, 2024, the collaboration will provide capacity and product development support for Hallmark’s General Aviation and Small to Medium-Sized Commercial property and casualty insurance products.
This multi-year partnership marks a significant step in HDI’s efforts to strengthen its position in the U.S. market by expanding its product offerings to a growing customer base. Under this agreement, HDI Global Insurance Company will front Hallmark’s commercial business, while HDI Global Select Insurance Company will front its aviation business.
Jim Clark, Chief Executive Officer of HDI Global US, commented, saying: “The partnership fits perfectly into the company’s U.S. strategy. Aligning with Hallmark will allow us to further facilitate the needs of our business partners by making HDI a holistic one-stop shop for their insurance placements.”
Chris Kenney, Hallmark’s President, and Chief Executive Officer, added: “Our partnership with HDI, AM Best rated A+ (Superior), is a pivotal step in our strategy to grow and diversify both our general aviation business and commercial business. We are thrilled to partner with HDI and look forward to a long and formidable partnership.”
