MultiNational Underwriters Is Now HCC Medical Insurance Services - Insurance News | InsuranceNewsNet

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July 17, 2009 Mergers & Acquisitions
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MultiNational Underwriters Is Now HCC Medical Insurance Services

Leading International Health Insurance Underwriter Launches New Name

Indianapolis, IN (PRWEB) July 17, 2009 -- HCC Medical Insurance Services, LLC is pleased to announce that effective July 1, 2009, MultiNational Underwriters, LLC (MNU) has adopted the HCC name to operate as HCC Medical Insurance Services (HCCMIS). HCCMIS underwrites on behalf of HCC Life Insurance Company and Lloyd's Syndicate 4141.

Since its inception as MultiNational Underwriters in 1998, MNU has been a recognized leader in the field of international medical insurance. The Company's principal focus has been to provide insurance products to individuals and groups living, working and traveling outside their home countries. In late 2007, MNU added a domestic short term medical plan to its portfolio. This has allowed the Company to also focus on the growing needs and opportunities for individual consumers in the US domestic insurance market.

In January, 2008, MNU was acquired by HCC Insurance Holdings, Inc. (NYSE: HCC), a leading international specialty insurance group with offices across the United States and in Bermuda, Spain, Ireland and the United Kingdom. HCC specializes in diversified financial products; group life, accident & health; general aviation; property; marine and energy; and other specialty insurance. HCC has assets of $8.6 billion, shareholders' equity of $2.7 billion and is rated AA (Very Strong) by Standard & Poor's and AA (Very Strong) by Fitch Ratings. In addition, HCC's major domestic insurance companies are rated A+ (Superior) by A.M. Best Company.

The expertise and financial strength of its parent company render HCC Medical Insurance Services well equipped to continue growing its position in both the international and domestic marketplaces, and bringing unparalleled financial security to the Company's portfolio and its clients. HCCMIS's growth also depends on its dedicated employees, who provide customer service from its headquarters in Indianapolis, IN and its Latin American / Caribbean office in Miami, FL.

For more information about HCCMIS, please contact:

Andrew Bard, Vice President of Sales

HCC Medical Insurance Services

251 North Illinois Street, Suite 600

Indianapolis, Indiana 46204

abard (at) hccmis (dot) com

Tel: 317.262.2132/ 800.605.2282

Fax: 317.262.2140

PBC: PR / 071509

###

Read the full story at http://www.prweb.com/releases/HCC/Medical_Insurance/prweb2639844.htm.

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