HDI Global elevates risk finance to board level

Following the successful development of HDI Enablers, which was founded in August 2022 and offers alternative risk transfer (ART) options, and the growing demand for structured and parametric (re)insurance solutions, HDI Global is now integrating risk finance at the board level in the department of Dr Dirk Höring, which is also responsible for property, marine, and engineering insurance as well as HDI Risk Consulting.

HDI Enablers is headed by Eric Joly-Pottuz, an expert in the field of ART. Since its creation the unit steadily has refined its products and developed successfully. “The mission was to enhance our product offering with robust and flexible solutions that closely align with our clients' risks and unlock new possibilities for them,” said Joly-Pottuz. In the meantime, HDI Enablers has become an established player and a specialised division for innovative risk financing solutions in the European market. HDI Enablers has recently added two new executives to its team to further develop the unit and to meet the clients' demand for tailor-made structured and parametric re/insurance solutions.

HDI Global said that going forward, risk finance will be among the responsibilities of Dr Dirk Höring. “Integrating risk finance solutions into our service portfolio reflects our commitment to being a trusted partner in transformation to our clients. We deliver comprehensive, forward-looking strategies to help organisations navigate complex risk landscapes and build long-term resilience. In today’s environment of increasing volatility, it’s not the absence of loss events that defines exposure – it’s the understanding of risk and the ability to respond effectively. Risk finance and captive solutions play a vital role in enabling that preparedness and protection,” said Dr Höring.

HDI Enablers’ product offering includes smoothing or self-insurance layers (virtual captives), captive stop loss, parametric re/insurance and ART Affinity. Such structured and parametric (re)insurance solutions also efficiently interact with corporations’ captives. In this way, according to HDI Global, it is addressing the growing demand among companies for flexible and effective risk management tools and helping customers to develop solutions to current challenges that have not yet been addressed by the market.

The latest example for an innovative solution around parametric coverage is the collaboration of HDI Global and Descartes Underwriting to develop a new parametric earthquake coverage for the Japanese market.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.