Hilltop’s focus in the insurance industry is on their investments as that is where “our sweet spot” is. Hilltop has been engaged by mortgage insurers (conventional companies like Radian, MGIC, former PMI, etc) and mortgage and other loan insurers/guarantors (Federal agencies including FHA, VA, SBA, etc.). Our engagements have evolved around our credit risk management skills, claims processing experience, litigation support and other industry subject matter needs. This set of clients has been growing consistently during the past 10 years. Insurance companies invest in the following which are all assets that Hilltop has extensive experience with, such as:
- Multifamily mortgages,
- Residential mortgages,
- CMBS,
- CLOs,
- REMICs and MBS,
- Commercial real estate,
- Mortgage related derivatives and tranches of securitization instruments,
- Other asset based lending.
These investments are often identical to what large banks invest in and therefore Hilltop’s knowledge and experience with all of these asset types have caused many insurance companies to engage our professionals.
Example clients include Allstate, MetLife, Travelers, Prudential, Northwestern, Principal, Hartford, USAA, Genworth, Mutual of Omaha, Assurant, CNA plus 30 other insurance companies not in the Top 50.