Hudson Insurance Group has acquired the underwriting operations of Surety Partners of America, Northeast.
As part of the transaction, Michael Blount and James Balzan will join the team at Hudson Surety, which operates under the leadership of Senior Vice President of Underwriting Michael Cifone.
Chris Gallagher, president and CEO of Hudson, said the acquisition “demonstrates our commitment to the surety industry and sharpens our focus in the Northeast.”
Hudson Insurance Group, part of Fairfax Financial Holdings Ltd., underwrites specialty primary and excess insurance on an admitted and nonadmitted basis through Hudson Insurance Co., Hudson Specialty Insurance Co. and Hudson Excess Insurance Co.
Source: Hudson Insurance Group