HEMIC Insurance Managers, Inc. (HIMI), a subsidiary of Hawaii Employers’ Mutual Insurance Company (HEMIC), now has the authority to underwrite Excess & Surplus Property on behalf of Lloyd’s of London, the world’s leading insurance market. This extension of HIMI’s existing coverholder status with Lloyd’s offers agents access to more underwriting facilities on which HIMI has binding authority. Along with Excess & Surplus Property, HIMI also underwrites its Employment Practices Liability Insurance program through certain underwriters at Lloyd’s.
This expands HIMI’s portfolio of programs to provide additional insurance options to a select group of preferred agents and the business owners of Hawaii.
As a Managing General Agent (MGA), Managing General Underwriter (MGU) and wholesale brokerage for select mainland and international carriers, HIMI offers a wide range of attractive products from carriers that previously may not have been available in Hawaii. Along with products like Lloyd’s Excess & Surplus Property and Employment Practices Liability Insurance, HIMI offers programs for Human Services risks, Directors and Officers insurance, Group Personal Accident Insurance, Property and Liability coverage for contractors, Liquor Liability coverage, and a broad range of Excess and Surplus Liability on both a contract binding and brokerage basis.
In addition, HIMI also provides related insurance services such as third party administration for claims, premium audit services, and loss prevention services to insurance carriers, self insured entities and captive insurers.
For insurance agents, that means access to new markets and new products previously unavailable to their clients, timely quotes, and a local office to manage and ensure that claims are settled quickly and fairly. For Hawaii businesses, HIMI means another option to find the right coverage and services to protect your organization.