HDI : Everything you need to know

Headquarters Address: Riethorst 4, 30659, Hannover, Germany

Premium Income: €1.382 million (according to the 2019 annual report)

Size (employees): 2,000+

Global Locations: Germany, Austria, Belgium, Czech Republic, Denmark, France, Greece, Hungary, Ireland, Italy, Netherlands, Russia, Slovakia, Spain, Switzerland, UK, Bahrain, Hong Kong, India, Japan, Malaysia, Singapore, Canada, Mexico, USA, South Africa, Australia, Brazil

Underwriting Expertise: Cyber, engineering & construction, marine, property & business interruption, and liability insurance

Key People: Chairman: Dr. Edgar Puls

About HDI

HDI Global SE is part of the Talanx Group and operates through foreign branches, subsidiaries, affiliates, and network partners in more than 150 countries. It provides a broad range of insurance solutions and services such as cyber, engineering & construction, marine, property & business interruption, and liability insurance.

HDI Risk Consulting GmbH, a subsidiary of HDI Global SE, manages the risk management products on a cross-sectional basis. Meanwhile, engineers and specialists provide companies with loss-prevention support and help them to develop operational risk management systems.

History of HDI

HDI was founded in 1903 and started as a pure liability insurer in Germany as a result of disappointment in the vast difference between premium payments and their benefits.

In 1970, the company merged with Feuerschadenverband rheinisch-westfälischer Zechen, making it the largest German composite insurer.

Over the years, the company has grown to include more than 20 companies in Germany and other countries. In 2003, the Talanx Group emerged from the HGI Group.

In September 2012, HDI and HDI-Gerling merged under the “new old brand” HDI, and Talanx AG went public. In 2016, HDI Global SE started managing the industrial insurance division.

Leadership at HDI

Dr. Edgar Puls – Chairman

Puls joined HDI in 2001 at the Essen office, where he was responsible for property, marine, engineering, and multi-risk products and oversaw the management of the company’s European entities.

In 2019, he became a member of the supervisory board of HDI Systeme AG and the chairman of the board of management of HDI Global SE. He is also a member of the board of management of Talanx AG, where he is responsible for the industrial lines division.

Culture at HDI

HDI believes that complying with the law, taking care of its people and local communities, and providing quality products and services are the key to a successful business.

As a result, HDI established a code of conduct to ensure that its employees remain responsible and ethical. It also provides training events and programmes that allow employees to refresh, expand, and enhance their knowledge of the industry and other compliance-relevant issues.

The company has also established a whistle-blower system that allows employees to report major legal violations anonymously. Once they have reported the offence, the compliance team will take action to contain any damage.

 

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