HDI Global Specialty purchases control of Falcon Risk Holdings

Griffin Highline Capital announced that HDI Global Specialty has completed the purchase of the Griffin Highline ownership interest in Falcon Risk Holdings. HDI now holds a majority stake in Falcon.

Falcon, established in June 2021, was formed by HDI Global Specialty, Craig Landi, and Griffin Highline to serve as HGS’ local entry point into the US financial lines market. The MGA works exclusively for HDI Global Specialty and is focused on underwriting and claims management of financial, professional, and cyber lines of business.

“We want to drive significant growth in the U.S. specialty market, attract top-tier underwriting talent, and generate profitable organic growth. The recent increase of our stake in Falcon underlines the importance of the agency for these plans in the U.S. and creates the necessary conditions to take advantage of attractive growth opportunities in a fast-growing market.” – Ralph Beutter CEO of HDI Global Specialty and board member of HDI Global SE.

“We are very pleased that HDI has increased its shareholding. This strategic decision will further intensify the already very trusting cooperation and thus forms a strong foundation for the successful expansion of our company in the future. Having such a high-performing global player as HDI on board demonstrates the recognition of Falcon’s potential and the confidence in our capabilities. This partnership will further drive our ambitious growth targets in the U.S. specialty insurance market and will support Falcon’s growth into additional product lines.” – Craig Landi CEO of Falcon