Reinsurance News

HDI Global adds Zurich’s Yves Betz to management board

22nd August 2019 - Author: Matt Sheehan

HDI Global SE, the industrial insurer of the HDI Group, has announced the appointment of Yves Betz to its management board, who will take over responsibility for the company’s business in Europe and North and South America.

HDI Global logoAs of 1 December 2019, he will succeed Stefan Sigulla, who is stepping down as part of a continued “generation change” in the management board, HDI Global said.

Betz joins from Zurich Insurance Company, where he most recently served as a member of the German management board and was in charge of the German Commercial Insurance business.

His previous positions at Zurich included Head of Commercial Insurance Mexico, Chief Operating Officer for Industrial Customer Business in Asia Pacific, and Head of Captive Related Business in Spain.

“We are looking forward to working with Yves Betz,” said Edgar Puls, Chairman of the Management Board of HDI Global.” He is a very experienced manager with an international profile and he will enrich our Management Board due to his international expertise and his broad experience in commercial insurance.”

“At the same time, the Supervisory Board thanked Dr Sigulla for his many years of successful work on the Management Board of HDI Global SE, for his contribution to the development of the company and the Group, and wished him all the best for the future,” Puls added.

With the appointment of Betz, Jens Wohlthat will also take responsibility for the Liability Line, while continuing to head international business in the regions of Asia, Africa, the Middle East and Russia.

Before his appointment to the Management Board, Wohlthat had already held the position of Divisional Manager for the Liability Line.

From December, the management board will also consist of: Frank Harting, Industry Division, Group Division, Aviation Insurance; David Hullin, Property and Fire Insurance, Engineering Insurance, Marine Insurance, Motor Insurance, HDI Risk Consulting; Clemens Jungsthöfel, Chief Financial Officer; and Thomas Kuhnt, IT Demand, Operations, Technical Pricing, IP Adminstrations, Group Accident Insurance, Major Projects.

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous article:
HSBC considering a bid for Aviva’s Asian operations, reports suggest

London-based banking giant HSBC Holdings Plc may be considering a bid to take over the Asian operations of Aviva Plc...