HDI Global Specialty
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The carrier announced its entry into the London marine hull and machinery market in November 2021. -
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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