HDI Global launches new Asia Pacific aviation unit with QBE hire
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has launched a new general aviation operation in Australia.
The company has hired aviation specialist Jamie Bowes from re/insurer QBE to develop its footprint in the Asia Pacific market.
Bowes was previously international aviation manager at QBE since 2009.
In his new role as head of aviation, Bowes will oversee the creation of the new aviation team based in Melbourne. The company expects to grow the team over time.
HDI Global Specialty SE was launched at the beginning of the year, with the stated strategic aim of combining organic growth with acquisitions of specialty teams and portfolios of high-margin business.
HDI Global Specialty SE currently writes aviation business from its Stockholm, London and Cologne offices.
Mark Fleiser, head of branch for HDI Global Specialty SE - Australia said: “We are extremely pleased that we could get Jamie to head up our new aviation venture. He has an excellent background in this market, and we look forward to leveraging his market knowledge and connections. We hope to launch our offering as soon as possible.”
Mats Westerborn, managing director for HDI Global Specialty SE Scandinavian branch - the main hub for Aviation in the group, said: “When looking at how we could expand and build on our successful General Aviation operations in Europe, Australia was quickly identified as an area where we as a company saw great potential. We identified the need to have an active presence in local aviation markets and it was therefore important for us to establish a team on the ground in Australia.”
Ralph Beutter, CEO of HDI Global Specialty SE, added: “By setting up a new team for General Aviation in Australia, HDI Global Specialty SE takes another step to maximise the opportunities that exist within specialty lines. Getting such a highly regarded market leader as Jamie Bowes on board gives me comfort that Melbourne will be another successful hub in our Aviation line of business.”
Join us at Intelligent Automation in Insurance - April 26th 2018, London: Book now.
More of today's news
Could Boeing 737 Max fix mitigate insurance losses?
Munich Re, Sompo, XL-backed insurtech unveils new tech platform to predict risk
Fannie Mae completes $11.7bn multifamily mortgage risk transaction
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze