Hinterland Insurance Names Mohmoud Bondugjie AVP, Restructures Commercial Divisions
Bondugjie brings more than 15 years of extensive experience in the insurance industry, with a history of managing complex commercial risk portfolios. In his new position, he will lead the General Commercial division, focusing on risks with a Total Insurable Value (TIV) of
Before joining Hinterland Insurance, Bondugjie held leadership positions in risk management and wholesale insurance. "I'm excited to join Hinterland and work with this talented team to drive innovation within our commercial insurance program," Bondugjie said.
As part of this strategic realignment, Hinterland Insurance has formally established three distinct divisions, Specialty Property, General Commercial, and Difference in Conditions:
- Specialty Property will target risks with a TIV of
$7.5 million or more in key states nationwide, with a maximum of$15 million per building and$60 million overall. In certain states, they can accommodate a maximum TIV of$17 million per building. - General Commercial offerings include comprehensive property and liability coverage, specifically targeting risks with a TIV of
$7.5 million or less. Liability limits start at$1 million /$1 million /$2 million with Excess limits available up to$10 million . - Difference in Conditions (DIC) will provide Earthquake coverage across the
West Coast on both primary and excess layers, with a maximum TIV of$150 million for primary accounts and$250 million for excess. The program can write up to$25 million per account on either a primary or excess basis.
To support this structural evolution, the company is implementing a revised submission process with dedicated email channels. "Through this organizational restructuring, we can more effectively manage our product lines and streamline our submission processes, leading to a more focused and tailored experience for our distribution partners," said
The new submission channels are as follows:
- Specialty Property - [email protected]
- For risks with a TIV of
$7.5 million or more
- For risks with a TIV of
- General Commercial - [email protected]
- For risks with a TIV of
$7.5 million or less
- For risks with a TIV of
- Difference in Conditions - [email protected]
These targeted communication channels will facilitate more efficient processing and enhance the overall client experience. For more detailed information on current offerings, please visit hinterlandins.com/products.
About Hinterland Insurance
Founded in 2019, Hinterland Insurance is an independently owned and operated insurance managing general agency and program administrator specializing in underwriting solutions for tough-to-place commercial insurance risks. The company offers insurance programs nationwide, including commercial property and casualty, and excess and surplus lines. Based in
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SOURCE Hinterland Insurance
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