TWFG Appoints Michael Doak to its Board of Managers
The Woodlands Financial Group (“TWFG”) is pleased to announce the appointment of Michael Doak, CEO and Managing Partner of Griffin Highline Capital LLC (“Griffin Highline”), to its Board of Managers. In 2020, Mr. Doak founded Griffin Highline, a holding company that invests in and actively manages insurance operating businesses. Prior to founding Griffin Highline, Mr. Doak served in various leadership roles at entities associated with RenaissanceRe, a global provider of reinsurance and insurance services, since June 2010, most recently as President of RenaissanceRe Ventures U.S. LLC and the portfolio manager of the direct investments equity portfolio. Mr. Doak also previously served as a member of the TWFG Board of Managers from March 2018 until September 2020.
June 19, 2023
THE WOODLANDS, TX – The Woodlands Financial Group (“TWFG”) is pleased to announce the appointment of Michael Doak, CEO and Managing Partner of Griffin Highline Capital LLC (“Griffin Highline”), to its Board of Managers. In 2020, Mr. Doak founded Griffin Highline, a holding company that invests in and actively manages insurance operating businesses. Prior to founding Griffin Highline, Mr. Doak served in various leadership roles at entities associated with RenaissanceRe, a global provider of reinsurance and insurance services, since June 2010, most recently as President of RenaissanceRe Ventures U.S. LLC and the portfolio manager of the direct investments equity portfolio. Mr. Doak also previously served as a member of the TWFG Board of Managers from March 2018 until September 2020.
“I am delighted to rejoin the TWFG board and continue our longstanding relationship with TWFG and its founder, Gordy Bunch,” Doak said in a statement.
About The Woodlands Financial Group
The Woodlands Financial Group is a nationally recognized insurance company based in The Woodlands, TX. Since its founding in 2001, TWFG has rapidly grown into the number one privately owned insurance agency in Texas and Louisiana, and tenth in the nation for personal lines, operating storefronts in 37 states. With 425 TWFG branches and over 1,800 independent agents, TWFG Insurance provides its clients across the country with trusted access to insurance with a high standard of customer care. Rankings provided by Insurance Journal.
For additional information, please visit: https://twfg.com/
About Griffin Highline Capital LLC
Griffin Highline is a holding company that invests in and actively manages insurance operating businesses. Its strategy focuses on allocating capital to specialized, niche insurance-related businesses with a long-term, compounding approach as an industry partner.
For additional information, please visit: www.griffinhighline.com
Griffin Highline, HDI Global Specialty and Craig Landi Launch Falcon Risk Holdings
Griffin Highline Capital LLC (“Griffin Highline”), HDI Global Specialty SE (“HDI”) and Craig Landi are pleased to announce the formation of Falcon Risk Holdings LLC (“Falcon” or the “Company”). Falcon is a managing general agency, initially focused on underwriting and claims management of financial and cyber lines of insurance business throughout the US. Alongside Griffin Highline and HDI, the Company is co-founded and led by Chief Executive Officer, Craig Landi, an industry veteran with over three decades of underwriting experience. Landi brings a strong track record of underwriting results, insurance industry expertise and demonstrated leadership.
June 8, 2021
DALLAS, Texas & SUMMIT, N.J. & HANOVER, Germany – Griffin Highline Capital LLC (“Griffin Highline”), HDI Global Specialty SE (“HDI”) and Craig Landi are pleased to announce the formation of Falcon Risk Holdings LLC (“Falcon” or the “Company”). Falcon is a managing general agency, initially focused on underwriting and claims management of financial and cyber lines of insurance business throughout the US. Alongside Griffin Highline and HDI, the Company is co-founded and led by Chief Executive Officer, Craig Landi, an industry veteran with over three decades of underwriting experience. Landi brings a strong track record of underwriting results, insurance industry expertise and demonstrated leadership.
“We have a great opportunity to provide a new and compelling offering to the US market through this MGA partnership with Griffin Highline. We wish Craig and the rest of the Falcon team well in their endeavors.”
Falcon will provide a full suite of insurance services. The Company will utilize an analytical approach to underwriting and claims management, while leveraging its deep, longstanding broker relationships to nationally distribute its management, professional and cyber liability product portfolio. HDI Global Specialty, together with its US affiliates, will support Falcon with strong underwriting capacity and an S&P A+ Rating (Stable Outlook) and A.M. Best A Rating (Stable Outlook).
“I am excited to partner with Griffin Highline and HDI to create a leading financial lines underwriter and claims management company. Together, we are committed to supporting the growth of Falcon and building a best-in-class team,” noted Craig Landi, CEO of Falcon.
Ralph Beutter, CEO of HDI Global Specialty SE, added, “We have a great opportunity to provide a new and compelling offering to the US market through this MGA partnership with Griffin Highline. We wish Craig and the rest of the Falcon team well in their endeavors.”
About Griffin Highline Capital LLC
Griffin Highline is a holding company that invests in and actively manages insurance operating businesses. Its strategy focuses on allocating capital to specialized, niche insurance-related businesses with a long-term, compounding approach as an industry partner.
For additional information, please visit: www.griffinhighline.com
About HDI Global Specialty SE
HDI Global Specialty SE is a joint venture of Hannover Re and HDI Global SE, both strong and established players in the insurance and reinsurance market. HDI Global Specialty SE, leveraging the specialty activities of the Talanx Group, is an excellent platform with cross-business segment expertise. Its focus is on writing agency and specialty insurance business in lines including errors & omissions liability insurance, directors’ and officers’ liability insurance (D&O), legal expenses insurance, sports and entertainment, aviation, offshore energy and animal insurance.
For additional information, please visit: www.hdi-specialty.com
RenaissanceRe Announces Michael Doak Departing to Start New Private Investment Firm
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that Michael Doak, Senior Vice President and Portfolio Manager for the Company’s strategic investment portfolio, will be departing to launch Griffin Highline Capital, a new private investment firm focused on the insurance industry.