Exciting News from MultiNational Underwriters, LLC
26 12 07 - 13:37
Today HCC Insurance Holdings, Inc. announced its intent to acquire MultiNational Underwriters, LLC (MNU). This acquisition offers strength to existing products and efforts and furthers the goal of expanding existing and new business opportunities for both companies.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a leading international specialty insurance group with offices across the United States and in Bermuda, Spain, Ireland and the United Kingdom. HCC has assets of more than $8.0 billion, shareholders’ equity in excess of $2.3 billion and is rated AA (Very Strong) by Standard & Poor’s, AA (Very Strong) by Fitch Ratings and A+ (Superior) by A.M. Best Company.
When MNU was launched in 1998, the mission was simple: provide the best international health insurance products and service in the marketplace. We started with a modest distribution network and a few products. Nearly ten years later, our product portfolio offers numerous options, and we strive to exceed the expectations of travelers and residents worldwide.
The development of our short term medical product has provided us with an opportunity to partner with a prominent insurance power possessing strong ties in both the international and domestic marketplace. The Houston Casualty family now provides opportunities for continued growth and expansion. We hope you will agree that this partnership is beneficial and complimentary for MNU and HCC alike.
Sincere Regards,
MultiNational Underwriters, LLC