HDI Global Specialty
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Claire McDonald will leave the carrier as part of the transition.
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Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.
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The executives join as representatives of the Lloyd’s Market Association and International Underwriting Association.
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Graham Silton will move from his current position as manager for liability and cyber in Asia Pacific.
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Sutcliffe steps into the role vacated by Jon Bartlett, who retired at the end of 2023.
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The executive joined the group five years ago.
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Sutcliffe will succeed Jon Bartlett, who is set to retire.
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The company has been operating in the country under freedom of services for two decades.
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Insurance revenues rose by 10% to EUR4.2bn, the carrier has reported.
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The carrier has appointed Antonia Osborn as director of underwriter and Philip Smith as its new lead cyber underwriter.
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The underwriter has spent 10 years in Singapore, mainly in broking.
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The largest single loss event in the quarter was the Turkey and Syria earthquake, which cost EUR15mn.
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GWP rose by 17.9% to EUR8.9bn, with premium income now almost double 2018 levels.
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The underwriter joined the company in 2020 amid hard market conditions.
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The executive joined the carrier last year as underwriting manager for US delegated authority.
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The carrier has divided its underwriting unit into six core pillars.
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The carrier has also appointed Alberto Bellomi as managing director of HDI Global SE in Italy.
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Colin Lavey takes over the role from Owen Digman, who left the business in July.
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The board hailed the success of the executive in developing the group’s business performance and culture.
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David Hullin will take on responsibility for all Talanx industrial lines outside Germany.
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Richard Taylor has been promoted to UK and Ireland CEO as part of the restructuring.
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The executive will replace Florence Louppe, with Etienne de Varax leading the French operation on an interim basis.
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The carrier announced its entry into the London marine hull and machinery market in November 2021.
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HDI Global has promoted Ana Sesar to head of specialty in its Switzerland office.
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The executive will work to accelerate commercial insurance revenue and develop new channels and geographies.
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Etienne de Varax will take over temporary management of the branch, subject to regulatory approval.
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Neil Dave had been senior aviation underwriter at the specialty lines insurer.
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The role will focus on development and the provision of risk advisory services.
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Insurance Insider first reported the carrier’s plans to enter the marine market in August.
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The transaction will free up capital for Hannover’s reinsurance growth.
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Distribution and strategic initiatives manager Oliver Davies will become head of distribution.
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The hull market has seen multiple years of positive rating momentum following a period of prolonged soft conditions.
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HDI is looking to streamline its Talanx operations in Germany and bring together 7,650 staff under one new company.
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