HDI Global Specialty
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The company notes that only 1% of assets under management are listed equities.
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Oliver Davies joins on 16 March and will report to distribution director Stephanie Ogden.
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The investment is part of a “seven-figure” seed round.
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The executive previously led the insurer’s general aviation portfolio.
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Berlin-based firm was incubated by Hannover Re.
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The Hannover Re parent says profitability improved across all divisions.
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Jason Rollins, Nadir Durrani, Neeraj Jeswani and Jessica Whiton have joined the carrier.
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The construction specialist has joined the mutual insurer in a specialty leadership role.
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Jim Clark takes over from Lothar Becker as CEO of HDI Global USA while Brad Diericx becomes president.
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The firms will collaborate to optimise industrial data.
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The carrier completes its UK leadership team.
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Sheena Williams will join as senior underwriter under a team led by former AmTrust executive Holness.
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