HDI Global Specialty SE has announced it has entered the Private Medical Insurance (PMI) market with the hire of underwriter Ben Haden.
The move reportedly extends the group’s Accident and Health (A&H) presence, and includes international PMI.
Haden has over 20 years of A&H experience, including various underwriting roles at AXA, Collinson Group and the Generali Global Health, where he was most recently responsible for the insurer’s global IPMI portfolio.
HDI Global Specialty said its move into international PMI is part of a longer-term growth plan which is “designed to diversify its portfolio by product, geographical scope, production and distribution”.
It added that the introduction of IPMI will make a “significant contribution” to its A&H portfolio.
The new PMI and IPMI cover is available across the spectrum of insureds, from individuals through to multinational corporations, placed via brokers or directly with agents.
A&H underwriting manager Kieran Morrin said: “HDI Global Specialty is on a path of significant controlled growth, and our Accident & Health line is a key part of this. Ben has an excellent reputation in the IPMI market and his appointment is another step of our planned expansion.”
Haden added: “I’m pleased to be joining HDI Global Specialty’s A&H team, especially at a time when it’s looking to grow its footprint in the market.”