HDI and AIM expand general aviation coverage into California, strengthening the U.S. market presence with innovative, comprehensive aviation solutions. The expansionHDI and AIM expand general aviation coverage into California, strengthening the U.S. market presence with innovative, comprehensive aviation solutions. The expansion

Aerospace Insurance Managers and HDI Strengthen U.S. Market Position with California Expansion

5 min read
  • HDI and AIM expand general aviation coverage into California, strengthening the U.S. market presence with innovative, comprehensive aviation solutions.
  • The expansion highlights HDI’s and AIM’s long-term commitment to the aviation market and reinforces consistent, high-quality underwriting support.

CHICAGO–(BUSINESS WIRE)–#HDIGlobal—Aerospace Insurance Managers (AIM) and HDI Global Insurance Company, the U.S. subsidiary of international Corporate & Specialty insurer HDI Global (HDI), have announced an expansion of capacity and product offerings for general aviation coverage in California.

A leading aviation MGA, AIM is supported by HDI’s A+ rated capacity. Now licensed to provide aviation coverage in California, AIM and HDI are pleased to further strengthen their position in the U.S. market and offer innovative coverage for aircraft hull, aircraft and airport liability, with a focus on small aircraft flown for pleasure or business, as well as hangar owners, FBO operators, private and municipal airports, and flight school and charter operators for one of the largest aviation markets in the country.

AIM entered a strategic partnership with HDI in June 2024. With their expansion into California, AIM will now write business in 48 states in collaboration with more than 150 brokers and agents nationwide.

“Our continued partnership with AIM fits perfectly into our U.S. market strategy. As a trusted partner in transformation, we are expanding our coverage footprint and are offering clients holistic, innovative solutions to meet their evolving insurance needs,” says Marco Hensel, Chief Underwriting Officer, HDI Global Insurance Company.

“Entering in California allows AIM to directly support one of the largest and most active aviation markets in the country,” says Randy Kasen, AIM Vice President – Business Development and Operations. “It strengthens our ability to serve existing brokers and agents, respond quickly to local needs, and deliver consistent underwriting support across the region. This launch expands our national footprint and reinforces our long-term commitment to the aviation community.”

Brokers and agents interested in how AIM can assist with aviation placements may reach out to Randy Kasen at Rkasen@aerospaceim.com. The underwriting team is ready to review new submissions at AIMquotes@aerospaceim.com.

Learn more about HDI Global:

www.hdi.global

About HDI Global

Corporate & Specialty lines insurer HDI Global (HDI) meets the needs of SMEs, industrial companies, middle-market and corporate clients with bespoke insurance solutions. In addition to HDI’s prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through foreign branch offices, subsidiaries, affiliated companies, and network partners. Acting as the preferred Partner in Transformation, HDI Global leads roughly 5,300 International Programmes and offers its multinational client’s compliant coverage worldwide.

In the United States, HDI operates through its three (3) wholly owned subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, IL and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands, HDI Global Select Insurance Company, a commercial property and casualty insurer licensed in Washington D.C., and in all US states with the exception of Rhode Island, and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer who provides both primary and excess coverage to specialized industries and is also authorized to write business nationwide.

HDI Global is comprised of all risk carriers that represent the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for decades. In 2024, more than 5,000 employees in this division generated approximately EUR 10 billion in gross insurance revenue (according to IFRS 17).

The rating agency Standard & Poor’s has assigned the Talanx Primary Group a financial strength rating of AA-/stable (very strong) and AM Best has assigned the A+/stable (superior) rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX index.

About Aerospace Insurance Managers

Aerospace Insurance Managers (AIM) provides comprehensive insurance solutions supporting a broad range of general aviation operations across 48 states. AIM underwrites coverage for private and commercially operated general aviation aircraft, public and private airports, Fixed Base Operators (FBOs), and a wide variety of aviation-related businesses nationwide.

Founded in 1997, AIM is led by a 16-person team under the leadership of Randy Kasen, Vice President of Business Development & Operations, and Sean Kelley, Vice President and Chief Underwriting Officer, delivering responsive, experience-driven underwriting solutions to agency partners across the country.

As of July 1, 2025, Aerospace Insurance Managers was acquired by Bishop Street Underwriters—further strengthening AIM’s capabilities and reinforcing its long-term commitment to innovation, stability, and continued growth.

Disclaimer

This news release may contain forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG and/or HDI Global SE management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s and/or HDI Global SE’s control, affect Talanx AG’s and/or HDI Global SE’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG and HDI Global SE do not guarantee that the assumptions underlying such forward-looking statements are free from errors nor accept Talanx AG and/or HDI Global SE any responsibility for the actual occurrence of the forecasted developments. Talanx AG and/or HDI Global SE neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

Contacts

For media enquiries please contact:

George Contoravdis

Tel.: +1 312 589 6752

E-Mail: george.contoravdis@us.hdi.global

Randy Kassen

Tel.: +1 972 528 6936

E-Mail: rkasen@aerospaceim.com

Alina Grünke

Tel.: +49 162 758 107 6

E-Mail: alina.gruenke@hdi.global

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Kalshi debuts ecosystem hub with Solana and Base

Kalshi debuts ecosystem hub with Solana and Base

The post Kalshi debuts ecosystem hub with Solana and Base appeared on BitcoinEthereumNews.com. Kalshi, the US-regulated prediction market exchange, rolled out a new program on Wednesday called KalshiEco Hub. The initiative, developed in partnership with Solana and Coinbase-backed Base, is designed to attract builders, traders, and content creators to a growing ecosystem around prediction markets. By combining its regulatory footing with crypto-native infrastructure, Kalshi said it is aiming to become a bridge between traditional finance and onchain innovation. The hub offers grants, technical assistance, and marketing support to selected projects. Kalshi also announced that it will support native deposits of Solana’s SOL token and USDC stablecoin, making it easier for users already active in crypto to participate directly. Early collaborators include Kalshinomics, a dashboard for market analytics, and Verso, which is building professional-grade tools for market discovery and execution. Other partners, such as Caddy, are exploring ways to expand retail-facing trading experiences. Kalshi’s move to embrace blockchain partnerships comes at a time when prediction markets are drawing fresh attention for their ability to capture sentiment around elections, economic policy, and cultural events. Competitor Polymarket recently acquired QCEX — a derivatives exchange with a CFTC license — to pave its way back into US operations under regulatory compliance. At the same time, platforms like PredictIt continue to push for a clearer regulatory footing. The legal terrain remains complex, with some states issuing cease-and-desist orders over whether these event contracts count as gambling, not finance. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/kalshi-ecosystem-hub-solana-base
Share
BitcoinEthereumNews2025/09/18 04:40
Optimizely Named a Leader in the 2026 Gartner® Magic Quadrant™ for Personalization Engines

Optimizely Named a Leader in the 2026 Gartner® Magic Quadrant™ for Personalization Engines

Company recognized as a Leader for the second consecutive year NEW YORK, Feb. 5, 2026 /PRNewswire/ — Optimizely, the leading digital experience platform (DXP) provider
Share
AI Journal2026/02/06 00:47