HDI Global aims for mid-market segment with dedicated services and strategy

Industrial Insurer HDI Global is committed to serving the mid-market segment with a dedicated underwriting and claims approach in both Liability and Property complementing other lines of business. Known for a long-term partnership approach to large industrial clients worldwide, HDI Global is expanding its services to cater to clients with a turnover between EUR 20 million and EUR 500 million, providing bespoke solutions to suit the unique needs within that segment.

Following the development and implementation of a focused approach in both Underwriting and Claims handling as well as streamlining products, processes, and frameworks towards the needs of mid-market clients, HDI Global now offers to them domestic and international solutions. The focus lies on simplified underwriting processes, dedicated products and an "easy to deal with" commitment to mid-market brokers.

The mid-market segment comprises a wide range of industries, including, among others, services within real estate, hospitality, offices, machinery manufacturers, breweries, scientific and technical services, retail, merchandise, or consumer goods. HDI Global understands the significance of market proximity, regional personal support, and speedy services when it comes to providing suitable insurance solutions for this market segment.

"As our reputation for underwriting excellence and client centricity is built on the commitment to quick responses, reliable services, and worldwide compliance, our aiming for mid-market partnerships comes as a natural in times of accelerated transformation for many companies." Dr Mukadder Erdönmez - Member of the HDI Global SE Executive Board, responsible for Third-party Liability, Cyber Insurance and Motor.

HDI Global has already been offering services to mid-market clients, but with recent developments, the focus has strengthened. The key regions of focus include Europe, Australia, Canada, and Mexico, ensuring that clients across these areas can benefit from HDI Global's expertise and own global network in more than 175 countries. Through this, clients can rely on having one central contact point with personal local experts who possess in-depth knowledge of the markets and the respective regional mid-segment.

David Hullin, Member of the HDI Global Executive Board, responsible for region Europe (without Germany), Americas, Asean, South Africa and Middle East, emphasizes HDI Global's positioning as a Partner in Transformation for clients in the mid-market segment worldwide: "We take pride in offering our current and potential future partners over 120 years of expertise in risk mitigation. Our approach is to offer Insurance made by Entrepreneurs - for Entrepreneurs: Paired with stable underwriting, local expertise on-site and long-term commitment in our partnerships, our clients profit from quality products and quick service solutions globally. With the strategic focus and necessary internal processes firmly in place, our partners within the mid-market segment can focus on their core business and entrepreneurial opportunities instead of the risks that come along the way."

About HDI Global SE (HDI)
As a commercial and specialty lines insurer, HDI Global SE (HDI) meets the needs of SMEs, industrial companies, middle market and corporate customers with insurance solutions that are specifically tailored to their requirements. In addition to HDI's prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners. Acting as the Partner in Transformation, HDI Global SE leads more than 5,000 International Programmes and offers its multinational customers compliant coverage worldwide.

HDI Global SE is the Industrial Lines Division of the Talanx Group and has been a leading insurer for several decades. Approximately 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 9.1 billion in the year 2023 (according to IFRS 17).

The rating agency Standard & Poor's has given the Talanx Primary Group a financial strength rating of A+/stable (strong) and AM Best has assigned the A+ Rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX.

Source: HDI Global SE

Public link

Please use the above public link if you want to share this noodl on another website.