Talanx Group’s industrial lines insurer, formerly called HDI-Gerling Industrie Versicherung AG, is now operating under the name HDI Global SE.
On Jan. 8, the renaming of HDI-Gerling Industrie Versicherung AG became official, as did the company’s conversion to an SE (Societas Europaea), or a European joint-stock company.
“The renaming is an important milestone in our more than 100-year history,” commented Dr. Christian Hinsch, deputy chairman of the board of management of Talanx AG and chief executive officer of HDI Global SE, commented. “Our new name reflects the increasingly international profile of our business. Today we are already generating almost 60 percent of our premium in foreign markets – and the trend is rising.”
The company now operates worldwide under the HDI brand. Most primary insurance entities of the Talanx Group in Germany and abroad already use this brand, the company said in a statement. The letters are the abbreviated form of the earlier name “Haftpflichtverband der Deutschen Industrie,” meaning “liability association of German industry,” Talanx explained in a statement.
In the context of the renaming, the company has also updated its corporate website and all international websites. The new web address of HDI Global SE is: www.hdi.global.
About HDI Global SE
HDI Global SE handles more than 3,000 international insurance programs worldwide. Its clients include almost all DAX-listed companies and numerous large international corporations, Talanx said.
In addition to HDI’s position in the German and broader European market, the company also has operations in more than 130 countries through foreign branch offices, subsidiary and peer companies, and network partners.
The “HDI Global Network” encompasses the company’s own entities as well as partners in more than 130 countries. The premium volume booked by the division in the 2014 financial year totaled roughly EUR 4 billion ($4.3 billion). HDI Global SE employs more than 3,000 staff around the world.
Source: HDI Global SE