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HDI Global appoints new Director of Marine Cargo Underwriting in the UK

HDI Global SE – UK (HDI) has appointed Steve Foreman as its Director of Marine Cargo Underwriting, effective 1st April 2021.

The appointment of a new Director of Marine Cargo Underwriting and the establishment of a new Marine Cargo business line highlights HDI UK’s continued investment in widening its product offering for corporate industrial clients.

Foreman joins HDI having spent almost thirty years specialising in Marine Cargo insurance products at RSA. During his time at RSA, Steve worked in RSA offices across Europe, including the UK, Italy and Belgium. Most recently, Foreman managed RSA’s European Cargo Portfolio.

Claire McDonald, Managing Director HDI UK & Ireland, remarked on Foreman’s appointment: “We are delighted to welcome Steve into HDI; his wealth of experience will be critical in establishing this new product line in our branch in the UK. We will be seeking to leverage the existing international programme and marine cargo expertise that exists within the Group to deliver exceptional service to our clients and brokers.”

Foreman said of his new role: “I am delighted to be joining HDI who have a strong history and presence in Cargo in Europe as well as Globally and am looking forward to providing the same high quality Cargo proposition to our UK brokers and clients.”

 

About HDI Global (HDI)

As industrial and specialty lines insurers, HDI Global SE and HDI Global Specialty SE (HDI) meet the needs of SMEs, industrial companies 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, HDI also has operations in more than 150 countries through foreign branch offices, subsidiary and peer companies, and network partners. The company is thus able to offer its customers local policies for their global operations, which ensure that the established service and insurance protection is extended for all covered risks worldwide.

HDI Global SE and HDI Global Specialty SE are companies in the Industrial Lines division of the Talanx Group. Approximately 3.700 employees in this division generated gross written premiums of approx. EUR 7.6 billion in the year 2021.

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

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