HOUSTON – October 18, 2017
Houston International Insurance Group (HIIG) announced today that L. Byron Way would be named Chief Executive Officer of HIIG Accident & Health (HIIG A&H) effective immediately. Mr. Way, who is also Chief Operating Officer of HIIG, has been with the Company since its formation in 2007 and previously worked at HCC for more than 10 years.
Underwriting directly through the HIIG subsidiary Great Midwest Insurance Company (GMIC), rated A (Excellent) by A.M. Best Company, HIIG A&H specializes in providing medical stop loss and other specialty medical products to self-insured groups throughout the USA. In conjunction with its Partners at Creative Risk Solutions (CRU), a Managing General Underwriter led by Mike Remeika, GMIC expects to write more than $125 million in medical stop loss gross written premiums in 2018.
Stephen L. Way, HIIG Chairman & CEO said, “Byron will adeptly lead the very experienced team in growing the A&H Division as an important part of our Group.” Mr. Way added, “Both HIIG A&H and CRU strive to provide a seamless, efficient platform to rapidly respond to all of its clients across a broad sales spectrum including brokers; consultants; and TPA’s.”
HIIG A&H is based in Malvern, PA and has offices in Kennesaw, GA; Wakefield, MA; Dallas, TX; and Scottsdale, AZ. The Executive Management Team at HIIG A&H consists of Brian Featherstone, Chief Actuary; David Burgess, Chief Underwriting Officer; Matt Paul, Senior Vice President of Sales; and Tim Spacek, Senior Vice President of Accounting and Operations. In addition Suzi Johnson is Managing Director of HIIG Creative Solutions (HCS), which handles claims and clinical assessment for both HIIG A&H and CRU.
HIIG is an insurance holding company based in Houston, Texas with total assets of more than $1.3 billion and shareholders’ equity of more than $330 million.
HIIG has underwriting Divisions focused on Accident & Health; Construction; Energy; Excess & Surplus Lines; Mining; Professional Liability; Transactional Property; Transportation; and Surety business, producing more than $525 million in gross premiums in 2016.
HIIG’s other subsidiaries include Houston Specialty Insurance Company, Oklahoma Specialty Insurance Company and Imperium Insurance Company. These companies are rated A- (Excellent) by A.M. Best Company.
L. Byron Way, EVP & COO
Houston International Insurance Group