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HDI Global announces changes to the leadership of its Irish branch

by Jon Seals | February 25, 2021 | | 0 comments

DUBLIN – HDI Global SE (HDI) is streamlining its leadership in the UK and Ireland, bringing the two branches under the same direction whilst renewing its commitment to the Irish market. 

As of 1st February 2021, Claire McDonald has been appointed as the authorised representative for HDI Ireland. This change aligns Claire’s existing responsibility as the Managing Director of both the UK and Irish branches with her responsibilities to our UK, Irish and German regulators. 

In light of this change, Paul Moraghan (General Manager, HDI Ireland) leaves the business after ten years, during which he has played a significant role in developing HDI’s Ireland branch to what it is today.

Of Paul’s departure, Claire said: “We thank Paul for his dedication, commitment and for building up our book and our team. We wish him every success for the future.”

Paul said: “It has been a pleasure to work with HDI over the last ten years and I am proud of what we have developed here in Ireland. I wish the team every success. I am now looking forward to investigating new opportunities that will leverage the depth of my experience.”

HDI remains committed to the Irish market and will, over the course of 2021, be expanding the product range available for Irish corporate clients – namely construction and erection insurance, inherent defects insurance and our telematics based motor fleet proposition.

About HDI Global SE (HDI)

As an industrial lines insurer, HDI Global SE (HDI) meets the needs of SMEs, industrial companies and corporate customers with insurance solutions that are specifically tailored to their requirements. In addition to HDI’s prominent position in the German and broader European market, the company also has operations in more than 150 countries through foreign branch offices, subsidiary and peer companies, and network partners. The company is thus able to offer its customers local policies for their global operations, which ensure that the established service and insurance protection is extended for all covered risks worldwide.

HDI Global SE is a company in the Industrial Lines Division of the Talanx Group. Approximately 3.700 employees in this division generated gross written premiums of approx. EUR 6.2 billion in the year 2019. 

The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of A+/stable (strong). Talanx AG is listed on the Frankfurt Stock Exchange in the SDAX as well as on the stock exchanges in Hannover and Warsaw (ISIN: DE000TLX1005, German Securities Code: TLX100, Polish Securities Code: TNX).

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