HDI Global expands into US environmental liability insurance

New product line offers tailored coverage for businesses navigating environmental risks

HDI Global expands into US environmental liability insurance

Environmental

By Kenneth Araullo

HDI Global Insurance Company (HGIC), the US subsidiary of international corporate and specialty insurer HDI Global SE (HDI), has introduced a new environmental liability product line in the United States.

As part of the rollout, the new offering will be led by Lindsay Judd (pictured above), who joins as the lead underwriter.

Judd will oversee the rollout and development of HDI’s environmental liability product line in the US, expanding on the company's existing presence in Europe. She brings more than 15 years of experience in environmental insurance and has held senior underwriting roles at several global insurers.

Based in the San Francisco Bay Area, Judd will oversee the product line on a national scale. She will report to Ed Wu, US casualty lead for HGIC, and Mark Appleton, head of liability global.

HDI says that her appointment aligns with the company’s broader strategy of providing specialized environmental, social, and governance (ESG) risk solutions to clients and brokers worldwide.

In November, the global insurer also announced an expansion of its environmental liability insurance, now incorporating social and governance coverage to address evolving ESG risks and increasing regulatory demands.

Planned for rollout this year, this expanded coverage supports clients in managing costs associated with social risks (S-criteria) and crisis management expenses linked to governance issues (G-criteria).

HDI Global’s ESG risk solutions team, a group of 17 experts operating locally and globally, will lead these efforts, with Appleton also at the helm.

Marco Hensel, chief underwriting officer at HGIC, said the expansion reflects HDI’s efforts to diversify its portfolio and support businesses in implementing tailored insurance solutions.

Outside of its ESG efforts, HDI Global also recently announced the appointment of Dr Carsten Schulte as its new global head of marine.

Schulte, who led the creation and development of the technical and strategic services division over the past two years, brings extensive experience in underwriting and portfolio management.

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