HDI Global, a corporate and specialty insurer, is expanding its Environmental Liability Insurance to the international market adding Social and Governance coverage, addressing the growing concerns around evolving risk contexts and increasing regulatory pressures.
Responding to an evolving risk landscape due to increased regulatory pressures and ESG risk development, HDI Global is extending its Environmental Liability coverage, currently available in Italy, Spain and Portugal, globally.
In 2025, to supplement already offered Environmental coverage, HDI Global plans to introduce additional optional Social and Governance (S&G) coverages, creating the first comprehensive ESG insurance product available internationally.
The services aim to support clients during their transformative efforts by offering protection against financial implications resulting from realised risks within the S-criteria and crisis management expenses within the G-criteria.
These holistic services will be provided by the dedicated ESG Risk Solutions Team, consisting of 17 people globally and locally in the respective markets, spearheaded by Mark Appleton, Head of Liability Global.
Appleton reports directly to Dr Mukadder Erdönmez, Member of the HDI Global SE Executive Board. Erdönmez states: “We are pioneering these solutions for our clients and broker partners to meet the heightened demands of both an evolving risk landscape and accelerating regulatory pressures.
“The ever-changing ESG environment makes it essential for HDI Global to adapt our insurance solutions and enable our clients to keep focus on their core business. Our experts now offer to them compliant worldwide Third & First Party coverage across the broad spectrum of ESG regulation, taking on corresponding risks and acting as a true Partner in Transformation for the global industry.”
HDI Global operates in over 175 countries. The expansion of its ESG Risk Solutions further solidifies its commitment to meeting the evolving risk management needs of businesses worldwide, the firm stated.
