HDI Global USA Appoints Bruce Griffin to Lead Casualty Business

In a significant move within the insurance industry, HDI Global Insurance Company (HGIC), the U.S. carrier of the esteemed international Corporate & Specialty insurer HDI Global, has appointed Bruce Griffin to lead its casualty business. Griffin, who brings over three decades of experience in underwriting and strategic leadership, previously served as the Chief Underwriting Officer for U.S. Casualty at Everest Insurance, where he played a pivotal role in developing their excess casualty division.

Bruce Griffin’s Background

Bruce Griffin’s extensive career is characterized by deep expertise in underwriting and a robust leadership track record. His appointment to head HGIC’s casualty business signifies a strategic decision to enhance the company’s capabilities in this critical sector. With an impressive history of overseeing complex underwriting operations, Griffin is poised to make a significant impact at HGIC.

Based at the firm’s headquarters in Chicago, IL, Griffin’s role will encompass a wide range of responsibilities, including strategy formulation, underwriting practices, portfolio management, and product development. His leadership will be crucial for both primary and excess casualty lines as he aims to drive profitable growth while adhering to HGIC’s broader underwriting and distribution strategies.

Strategic Vision and Goals

Griffin’s vision for the casualty business is built on a foundation of technical discipline and innovation. He will focus on developing solutions that align with the needs of clients, thereby solidifying HGIC’s reputation as a leader in the casualty space. His approach emphasizes fostering long-term partnerships and a strong service orientation for business partners, ensuring that HGIC continues to meet and exceed client expectations.

In his remarks, Griffin expressed enthusiasm about joining HDI at a transformative time, highlighting the importance of leveraging the firm’s international network to provide specialized insurance solutions. He aims to meld the underwriting expertise of his team with the global resources that HDI offers, positioning HGIC for enhanced market performance.

Insights from Leadership

Marco Hensel, Chief Underwriting Officer of HGIC, spoke highly of Griffin’s capabilities. He stated, “Bruce is an accomplished industry leader. His ability to build robust teams across major geographic and industry sectors, combined with his global distribution network, make him the ideal choice to lead the ongoing transformation of our U.S. casualty portfolio.” Hensel’s acknowledgment underscores the critical role that Griffin will play in shaping HGIC’s future direction.

About HDI Global (HDI)

HDI Global is distinguished as a Corporate & Specialty lines insurer, adept at providing tailored insurance solutions to small and medium-sized enterprises (SMEs), industrial companies, and corporate clients. Known for its solid footing in the German and broader European markets, HDI Global extends its services globally through a vast network encompassing over 175 countries. This international reach enables the delivery of compliant coverage, tailored to the unique needs of multinational clients.

Operating as part of the Talanx Group, HDI Global has a rich history in the insurance sector, with more than 5,000 employees generating significant revenue. Its structure as a risk carrier positions it well for sustainable growth and innovation within the industry.

US Operations and Offerings

In the United States, HDI operates through its three wholly-owned subsidiaries, each with distinct licensing and operational capabilities. These include:

1. HDI Global Insurance Company: A commercial property and casualty insurer headquartered in Chicago and licensed across all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.

2. HDI Global Select Insurance Company: Focused on property and casualty coverage and licensed in Washington D.C. and all U.S. states except Rhode Island.

3. HDI Specialty Insurance Company: An Illinois domestic surplus lines insurer offering specialized primary and excess coverage nationwide.

Financial Strength and Market Position

The Talanx Primary Group, under which HDI operates, has garnered strong financial ratings: Standard & Poor’s has assigned an AA-/stable rating (very strong), while AM Best has given it an A+ rating (superior). This robust financial standing provides assurance to clients and partners alike regarding the reliability and stability of HGIC in an ever-evolving insurance landscape. The Talanx AG is publicly traded on the Frankfurt Stock Exchange, reflecting its standing and commitment to transparency in operations.

For more information, you can visit HDI Global’s official website.

Media Contact Information

For media inquiries related to this announcement, please reach out to:

• Dr. Frederic Strohm

  • Phone: +49 511 3747 2117
  • Email: frederic.strohm@hdi.global

• George Contoravdis

  • Phone: +1 312 589 6752
  • Email: george.contoravdis@us.hdi.global

As the insurance landscape continues to evolve, the leadership of Bruce Griffin at HDI Global USA represents a strategic commitment to growth, innovation, and unparalleled service in the casualty insurance sector.