ALIGN FINANCIAL HOLDINGS ACQUIRES…
Property
Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC (Align) announced the completion of the sale of Hilltop’s wholly owned Texas-based subsidiary, National Lloyds Corp. (National Lloyds), to Align on June 30.
Align Financial Holdings, LLC (“Align”), a leading general agency and specialist program underwriting manager based in San Diego, CA, today announced its acquisition of Deposit Choice, LLC (“Deposit Choice”), a national provider of surety bonds and insurance products to the multifamily industry.
Specialist property catastrophe underwriting manager, Catalytic Holdings has hired industry veteran Sam Ramsey to lead its newly-formed wind underwriting business.
For many MGAs and program administrators (PAs), maintaining access to underwriting capacity has proved to be an all too familiar challenge over the last couple of years.