Leadership shuffle at HDI Global France as managing director departs

The management board of European industrial lines insurer  HDI Global SE is said to be working on a succession plan following the departure of its managing director in France.

Florence Louppe (pictured) is set to leave HDI “on the best of mutual terms”, in order to take up new challenges outside of the company, HDI said in a statement.

Etienne de Varax will take over temporary management of the France branch, from April 1 until further notice while the management board works on a succession plan. His appointment is subject to the approval of the responsible regulatory authorities.

De Varax is already a member of the local management team. HDI said, over the past 21 years, he has played a major role in various positions guiding its business development in France. He is currently director ART/ Legal / Tax / Compliance & Claims at the branch. Prior to his time at HDI Global, he worked at Aon, the GAN Group and AIG in various functions.

“Etienne de Varax has broadly based expertise in industrial lines insurance and is outstandingly networked in the French market,” said David Hullin, member of the management board of HDI Global SE and responsible for the regions Europe (not including Germany) and North and South America.

“We are therefore delighted that Etienne is taking over temporary management at the branch. He will work closely with the Chief Underwriting Officer Philippe Klein. Both managers enjoy great trust with our sales partners and customers in France and they work closely together with colleagues in Paris and Lyon. This will allow the team in France to ensure that we can seamlessly continue our usual professional services for our customers in France,” Hullin added.

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