HDI enters political risk and credit in Asia with key appointment

Senior addition comes from Markel

HDI enters political risk and credit in Asia with key appointment

Insurance News

By Kenneth Araullo

Industrial insurer HDI has announced its entry to the political risk and credit market in Asia with the underwriting appointment of James Guardino (pictured).

Guardino previously worked at Markel, where he was a trade credit and political risk underwriter. Prior to that he worked as a credit and political risk insurance broker for The Texel Group.

According to his LinkedIn, Guardino worked at Aon for seven years in various leadership roles, including associate director for structured and capital solutions and associate director for facultative reinsurance. Before his decade-long tenure in Singapore, he worked as a facultative reinsurance broker in Malaysia.

HDI Global currently offers property, casualty, engineering, marine cargo, and power and energy in Asia. Guardino’s appointment expands the Singapore branch’s functions to political risk and credit, backed by capacity and expertise from HDI Global Specialty. In this new role, Guardino will report to both Graham Stilton, HDI managing director and principal officer in Singapore, and Nick Robinson, HDI Global Specialty SE’s head of political and credit risk in London.

“I’m delighted to bring someone of James’ ability and track record to the business as we enter the political risk and credit market in Asia,” Stilton said. “He has gained a wealth of experience in a relatively short period of time and I am looking forward to working alongside him as we build out our product offering in the region.”.

A few months ago, the insurer announced its expansion with the opening of a representative office in Bangkok, Thailand, following the needed regulatory approval from the Ministry of Commerce.

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