HDI Global appoints Vigier as it eyes captive opportunities in France
Industrial lines insurer HDI Global has appointed former AMRAE board member David Vigier as chief commercial officer (CCO) for France, with a view to also taking on the role of head of captives from Etienne de Varax.
HDI Global said holding the dual roles of CCO and director of captive strategy fits with its focus on boosting captive solutions, which are attracting growing interest from French businesses following new legislation to develop an onshore captive market in France.
“HDI Global France has cooperated with captives for more than 20 years. We see them ever more as a significant and expanding opportunity for HDI Global,” Vigier said.
“The interest from French companies in captives keeps on rising for different reasons. For some, the insurance market does not offer the right solutions for risk transfer. For others, retaining more risk themselves may offer a strategic advantage. Whatever the reason, we want to be the partner in the transformation for our clients on their way to establishing or developing a successful captive,” Vigier added.
He will report to Jean-Marie Haquette, managing director of HDI Global France. Vigier joined HDI Global in September 2023 from Erget Group. He was previously a leading risk managers in France and prominent AMRAE member.
“After a year of strong growth in profitability in 2023 in France, we at HDI Global are reinforcing our client excellence over the next few years. I am delighted that David Vigier is with us, as he combines expertise in sales, distribution and captive services. Together with his team, he will ensure that we fulfil the high expectations our clients and broker partners have with regard to our services and innovative insurance solutions, whether traditional or alternative offerings”, Haquette said.
