29/03/2024 3:12 PM

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HDI Global Specialty launches private medical insurance product

HDI Global Specialty launches private medical insurance product

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. 

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