HDI appoints Jason Tyng as Lead of U.S. Captive Solutions Group
CHICAGO–(BUSINESS WIRE)–#HDI—HDI Global Insurance Company (HDI Global USA) has announced the appointment of Jason Tyng in the newly created role of lead of captive solutions. In this role, Jason will guide the strategic and operational plans for this critical division. He will report to Marco Hensel, Underwriting Lead, HDI Global USA.
Bringing more than 15 years of sales and leadership experience across the commercial insurance industry, Jason joins HDI from Amazon, recently serving as Head of Construction Risk where he handled placement of both international and domestic programs. He is a graduate of the University of Maryland with a BS in Political Science.
“Jason is an outstanding addition to the HDI Global U.S. team, as he brings a long-standing track record of performance and leadership within the commercial insurance sector, said Hensel.” While in Europe, we are already an established Captive player, building up our presence in the U.S. with Jason is part of our global growth strategy. With his deep understanding of what it takes to deliver client success, I’m confident that he’s going to play a pivotal role in positioning our captive solutions group for some really positive results.”
Tyng adds: “As a captive partner, our goal is to provide holistic management across multiple lines of business, offering support and expertise to our clients, so they have the knowledge and confidence to choose a risk management solution that best fits their organization.”
About HDI Global SE (HDI)
As an industrial lines insurer, HDI Global SE (HDI) meets the needs of SMEs, industrial companies and corporate customers with insurance solutions that are specifically tailored to their requirements. In addition to HDI’s prominent position in the German and broader European market, the company also has operations in more than 175 countries through foreign branch offices, subsidiary and peer companies, and network partners. The company is thus able to offer its customers local policies for their global operations, which ensure that the established service and insurance protection is extended for all covered risks worldwide.
In the United States, HDI operates through its subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, Illinois and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands; and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer also authorized to write business nationwide.
HDI Global SE is a company in the Industrial Lines Division of the Talanx Group. Approximately 4.300 employees in this division generated gross written premiums of approx. EUR 7.6 billion in the year 2021.
The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of A+/stable (strong). Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX.
Disclaimer
This news release may include forward-looking statements which are based on certain assumptions, expectations and opinions of the management of Talanx AG and HDI Global SE. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s and HDI Global SE’s control, affect our business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialize, actual results, performance or achievements of Talanx AG and HDI Global SE may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG and HDI Global SE do not guarantee that the assumptions underlying such forward-looking statements are free from errors nor do Talanx AG and HDI Global SE accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG and HDI Global SE neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
Contacts
Contact Details for HDI Global Insurance Company, USA:
HDI Global Insurance Company
161 North Clark Street – 48th Floor
Chicago, IL 60601
USA
Phone +1 312 580-1900
www.hdi.global
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