CHICAGO--(BUSINESS WIRE)--HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI) today announced leadership appointments designed to continue its accelerated growth within the United States.
Marco Hensel, who has been with HDI for over 15 years and has served in multiple underwriting leadership positions has been promoted to Chief Underwriting Officer (CUO). In his new role, he will lead all underwriting functions, maintaining full profit and loss and strategic accountability across all lines of business.
“It is an honor to serve as chief underwriting officer,” states Hensel. “This is an exciting time for the company as we look to increase our market penetration. I look forward to working with all internal underwriting units to enhance our existing portfolio of products and offer new insurance solutions to our clients."
Santiago Treviño has been appointed to a newly created position as Chief Strategy Officer (CSO). He will be responsible for identifying, developing, and executing strategic initiatives to drive profitable growth for the organization.
Treviño brings more than 18 years of experience in accelerating and catalyzing companies’ growth. Santiago joins HDI from Zurich, where he served as Vice-president of Strategy, Innovation, and Business Development.
Discussing his move to HDI, Treviño comments that “the opportunity to define and execute HDI’s US strategic agenda fills me with excitement. We have ambitious aspirations that require a structured and systematic approach to achieve them. Striking the right balance between discipline, creativity, resourcefulness, and agility, I look forward to partnering with all my colleagues across the enterprise to jointly create a positive and lasting impact for our customers, brokers, and stakeholders, successfully deploying our deep underwriting expertise and exceptional global network capabilities.”
Commenting on their appointments, Jim Clark, HDI US Chief Executive Officer (CEO) said, "Marco and Santiago are experienced leaders whose depth of knowledge of the commercial insurance industry will allow us to capitalize on the strengths of our foundational businesses while generating scale in our accelerated businesses. Their appointments are both a reflection of HDI’s growth story to-date and a testament to our continued aspirations in the region to act as our clients’ true Partner in Transformation. With Marco and Santiago as part of our leadership team, we believe we are well positioned to deliver on our strategy with clarity and purpose."
To find out more about the services of HDI Global Insurance Company U.S., click here: https://www.hdi.global/en-us/about-us/locations-contacts/america/united-states/contacts/
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.
In the United States, HDI operates through its subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, Illinois, and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands; and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer also authorized to write business nationwide.
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). Talanx AG is listed on the Frankfurt Stock Ex-change in the MDAX.
Disclaimer
This news release may include forward-looking statements which are based on certain assumptions, expectations and opinions of the management of Talanx AG and HDI Global SE. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s and HDI Global SE’s control, affect our business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialize, actual results, performance or achievements of Talanx AG and HDI Global SE may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG and HDI Global SE do not guarantee that the assumptions underlying such forward-looking statements are free from errors nor do Talanx AG and HDI Global SE accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG and HDI Global SE neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
