HDI extends ESG offering

HDI Global is to extend its environmental liability Insurance to the international market adding social and governance coverage with evolving risk contexts and escalating regulatory pressures being the key drivers.

Responding to an evolving risk landscape due to increased regulatory pressures and ESG risk development, HDI Global is extending its environmental liability coverage, currently available in Italy, Spain and Portugal, globally. Through the expansion of the proposition, HDI Global plans during 2025, to supplement already offered environmental coverage with additional optional social and governance (S&G) coverages, making HDI Global the first insurer to offer a full-spectrum ESG product on an international scale. 

According to the company the services will support clients in their transformation efforts by protecting against costs incurred by realised risks within the S-criteria and crisis management costs within the G-criteria. These holistic services are provided by the dedicated ESG Risk Solutions Team, consisting of 17 people globally and locally in the respective markets, spearheaded by Mark Appleton, head of liability global.

Appleton reports directly to Dr Mukadder Erdönmez, member of the HDI Global SE Executive Board. Erdönmez said: “We are pioneering these solutions for our clients and broker partners to meet the heightened demands of both an evolving risk landscape and accelerating regulatory pressures. 

“The ever-changing ESG environment makes it essential for HDI Global to adapt our insurance solutions and enable our clients to keep focus on their core business. Our experts now offer to them compliant worldwide Third & First Party coverage across the broad spectrum of ESG regulation, taking on corresponding risks and acting as a true Partner in Transformation for the global industry.”

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