HDI Global US Announces Creation of New Environmental Liability Product Line

HDI Global Insurance Company (HGIC), the US subsidiary of international Corporate & Specialty Insurer, HDI Global SE (HDI), today announced the creation of a new Environmental Liability product line, headed by lead underwriter Lindsay Judd.

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Lindsay Judd US Environmental Liability Lead (Photo: Business Wire)

In her new role, Judd will lead the rollout and development of HDI’s Environmental Liability product line in the United States, following on from its successful growth in Europe. With more than 15 years of experience in environmental insurance, Judd has held senior underwriting positions at several global insurance firms, having demonstrated a passion for sustainability and a dedication to crafting innovative solutions that empower businesses to thrive. Her appointment supports HDI’s broader strategy, to offer comprehensive, tailor-made Environmental Liability coverage to clients and brokers worldwide as part of HDI’s specialized ESG Risk Solutions Team.

Marco Hensel, Chief Underwriting Officer, HGIC, says: “As HDI continues to diversify its portfolio and support leading businesses in adopting innovative insurance solutions, our tailor-made Environmental Liability product line offers comprehensive environmental coverage that allows our clients to focus on their core operations.” Hensel continues: “Lindsay’s expertise in managing international placements and assessing emerging environmental risk factors makes her the ideal person to develop this new coverage line.”

Lindsay Judd says: “I’m thrilled to join the talented team at HDI as we launch a cutting-edge environmental product line for US and global customers. Together, we’ll introduce the first-ever full-spectrum ESG product providing our customers with innovative solutions that drive both environmental responsibility and business growth. Being the preferred Partner in Transformation to our clients is exactly the kind of vision I’ve been passionate about – one that will create a meaningful impact on our industry and beyond.”

Judd will operate out of the San Francisco Bay Area with countrywide responsibilities and will report into Ed Wu, US Casualty Lead for HGIC, and Mark Appleton, Head of Liability Global.

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 all US states and Washington D.C., 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 AA-/stable (very 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.

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