HDI Global UK & Ireland (HDI) has significantly expanded its operations in the London Energy & Power insurance market.
The move aligns with the firm’s long-term strategy to establish itself in the sector, and it also builds on the recent appointment of Matthew Bond as Head of Energy & Power.
The expansion also forms part of a broader strategy to enhance HDI’s coordinated Energy & Power offering across its key hubs, including London, Singapore, Dubai and Houston, explained HDI.
According to the strategy, London will serve as a central pillar of this strategy, reflecting its position as the world’s leading energy insurance market. HDI is also actively investing in underwriting, claims, and risk engineering capabilities in London.
Recently, the firm also hired Dave Wilson as Global Head of Energy Claims, alongside the relocation of experienced underwriters from within the HDI Group, including Ferhat Aclan from Hanover.
Additionally, HDI is also in advanced stages of recruitment for multiple roles within the Energy & Power team.
The expanded London team will support a comprehensive Energy & Power proposition spanning upstream, midstream and downstream energy, conventional and renewable power generation, and associated construction risks.
Matthew Bond, Head of Energy & Power, HDI Global UK & Ireland, commented, “We are bringing together HDI’s long-established global Energy & Power expertise into a more visible and accessible London platform.
“Our ambition is to be a meaningful and long-term partner in transformation – by investing in underwriting, claims and risk engineering, we are building a proposition that goes beyond capacity and delivers real value to brokers and clients.”
Simon Hunt, Interim Chief Executive Officer, HDI Global UK & Ireland, added, “Expanding our Energy & Power presence in London is a key strategic priority for HDI. The investments we are making in talent and capability demonstrate our intent to support brokers with high-quality lead market capacity and technical expertise.”
