HDI Global creates new energy unit to support energy transition

HDI Global has formed a new overarching energy unit to support the energy transition.

It said clients and broker partners with energy risks, or risks resulting from their energy transitions or risks contributing to their transition, will benefit from having one point of contact at HDI Global to cover all their risks along the entire value chain.

HDI Global said it has bundled its expertise in energy risks in an overarching energy unit. Clients and broker partners with energy risks in general, risks resulting from their energy transitions or risks contributing to their transition, benefit from having one point of contact at HDI Global to cover all their risks along the entire value chain.

The new unit will be headed by Franz Adamczyk, previously head of global risk property. Adamczyk has more than 40 years of experience in the industry. In his new role, he will report directly to Dr Dirk Höring, member of the management board at HDI Global with responsibility for property, engineering and marine cargo insurance as well as HDI Risk Consulting.

“The energy transition occupies many different industries around the world,” said Adamczyk. “All these industries have their individual concerns with this huge transformation. One of these concerns is to maintain adequate insurance cover at any time when adapting to new technologies or creating innovative processes.”

Höring added: “HDI Global already has a strong client base in the energy sector in many countries around the world. Recently, feedback from our clients has increasingly said they need support in dealing with this rapid transformation.”

In the new unit, HDI Global said it makes sure that “all colleagues with expertise in the energy sector share their knowledge and best practices globally to always offer clients and broker partners the best possible services and insurance solutions fast. This includes tailor-made coverage along the entire value chain in the energy sector, as HDI Global is able to offer cross line of business solutions in upstream, midstream, downstream and renewables all from one hand.”

“With the bundling of our energy risk-related expertise in an overarching unit, we focus completely on the clients’ needs along their entire value chain, regardless of the line of business in which a certain risk would be covered”, said Adamczyk. “Apart from risk transfer, the colleagues in the energy unit will also focus on innovative services to help our clients understand and manage their risks during the energy transition.”

Höring concluded: “Our goal is to offer a one-stop-shop for clients being fully engaged in the energy transition in order to be their preferred ‘partner in transformation’ and their contact of choice if they need support regarding the green transformation of the energy sector.”