HDI International Specialty, a completely owned subsidiary of HDI International and a part of the Talanx Group, has acquired Griffin Highline Capital LLC’s share in managing normal company (MGA) Falcon Threat Holdings LLC.

Falcon Threat was established by Chief Government Officer (CEO) Craig Landi, Griffin Highline, and HDI in 2021.

HDI additionally offers insurance coverage underwriting capability to Falcon Threat, which has a deal with underwriting and claims administration of monetary, skilled, and cyber traces of insurance coverage enterprise within the US.

Since inception, Falcon Threat has launched greater than 15 merchandise and has established a crew of underwriters with experience throughout administration legal responsibility, skilled legal responsibility, and cyber legal responsibility insurance coverage.

Michael Doak, Managing Companion of Griffin Highline, commented on the deal: “We’ve got been delighted to accomplice with Craig Landi and HDI to construct Falcon. We’re happy with the crew, its experience and its sturdy underwriting self-discipline.

“Falcon is properly positioned to proceed its sturdy efficiency as a HDI platform, and we look ahead to our continued partnership with HDI.”

In the direction of the top of final yr, Falcon Threat employed Ted Stefas as Government Vice President, Normal Counsel, and Gopika Shah as its Expertise Officer.