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HDI enters private medical insurance market

HDI enters private medical insurance market | Insurance Business UK

HDI enters private medical insurance market

HDI Global Specialty SE (HDI) has entered the private medical insurance (PMI) market, extending its accident and health (A&H) presence and international PMI (IPMI).

HDI's move into IPMI is part of its longer-term growth plan designed to diversify its portfolio by product, geographical scope, production, and distribution. It expects its IPMI to make a significant contribution to its A&H portfolio.

As part of the move, HDI has welcomed experienced underwriter Ben Haden to its A&H team.

Haden has over 20 years of A&H experience – including various underwriting roles at AXA, Collinson Group, and most recently Generali Global Health, where he was responsible for the Italian insurer's global IPMI portfolio.

Commenting on the appointment, A&H underwriting manager Kieran Morrin said: “HDI Global Specialty is on a path of significant controlled growth, and our accident & health line is a key part of this. Ben has an excellent reputation in the IPMI market, and his appointment is another step of our planned expansion.”

Haden added: “I'm pleased to be joining HDI Global Specialty's A&H team, especially at a time when it's looking to grow its footprint in the market.”

The new PMI and IPMI cover is available across the spectrum of insureds – from individuals through to multinational corporations, placed via brokers or directly with agents.