CHICAGO--(BUSINESS WIRE)--HDI Global Insurance Company (HGIC), the US subsidiary of international Corporate & Specialty Insurer, HDI Global SE (HDI), today announced the appointment of Thomas Long as US Casualty Lead.
In his new role, Thomas will oversee the development and execution of HDI’s US casualty strategy, driving growth and ensuring best-in-class service for clients across diverse industries. His deep expertise and proven track record of success make him the ideal candidate to lead this critical function at a time of dynamic market changes.
With an insurance career spanning 35+ years, Thomas has held a wide variety of senior underwriting and leadership positions and has extensive experience in both the traditional and alternative risk market sectors. He will be based out of the company’s US headquarters in Chicago, IL and will report into Marco Hensel, Chief Underwriting Officer, HGIC.
“We are thrilled to welcome Thomas to our leadership team,” said Hensel. “His extensive experience in casualty underwriting and his vision for the future of the sector will strengthen HDI’s position as a trusted partner for businesses seeking comprehensive insurance solutions.”
Long’s leadership in developing innovative casualty products along with his expertise in Workers’ Compensation, General Liability and Commercial Automobile Liability, as well as group captives and other alternative risk structures details his ability to navigate complex regulatory environments, which will be pivotal as HDI continues to expand its casualty offerings.
“I am excited to join HDI and work alongside such a talented team,” states Thomas. “I look forward to driving the company’s casualty capabilities and being a true Partner in Transformation for our clients by delivering value-driven solutions that meet their needs in today’s challenging environment.”
About HDI Global SE (HDI)
Corporate & Specialty insurer HDI Global SE (HDI) meets the needs of SMEs, larger 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.
In the United States, HDI operates through its three (3) wholly owned subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, IL and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands, HDI Global Select Insurance Company, a commercial property and casualty insurer licensed in Washington D.C., and in all US states with the exception of Rhode Island, and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer who provides both primary and excess coverage to specialized industries and is also authorized to write business nationwide.
Acting as a Partner in Transformation, HDI leads more than 5,000 International Programmes and offers its multinational customers compliant coverage worldwide. HDI 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.