HDI Global Specialty bolsters expansion plans in Canada with new strategic role

Toronto, ON (June 28, 2021) – Specialty lines insurer HDI Global Specialty SE has appointed Kelly Callachan as Strategic Relationship Manager. In the newly created role Kelly will be focused on growing single risk business across Canada, with a particular focus on professional lines, aviation, and expansion into new specialist commercial lines.

Kelly has over 18 years’ insurance experience and joins from Northbridge Insurance where she was most recently director of sales and business development. Previous roles include underwriting manager at broker Aon Reed Stenhouse and account manager at broker Waddell Group.

Kelly will report directly to Derek Spafford, General Manager, HDI Global Specialty SE – Canada.

Commenting on the appointment, Derek Spafford said: “I am delighted to welcome Kelly to the business at this important time in our development as we expand our current capabilities and extend into new segments over the next year. The creation of this new role and Kelly’s appointment underline our commitment to both enhancing and expanding our market presence and offering across Canada.”

Kelly Callachan added: “I am thrilled to be joining the team at HDI Global Specialty at this exciting time in its development and am looking forward to playing my part in growing the business in Canada, both in existing lines and as we enter new ones.”

About HDI Global Specialty

HDI Global Specialty SE is a specialty lines insurer. It is a joint venture of Hannover Re and HDI Global SE, both strong and established players in the insurance and reinsurance market, which are part of the Talanx Group. HDI Global Specialty’s focus is on writing agency and specialty insurance businesswith operations in 9 locations and access to a global network of more than 150 countries through the HDI Global SE network. HDI Global Specialty also enjoys the same financial strength as HDI Global SE.

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 150 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.

HDI Global SE is a company in the Industrial Lines Division of the Talanx Group. Approximately 3.700 employees in this division generated gross written premiums of approx. EUR 6.7 billion in the year 2020.

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 SDAX. For more information, visit www.hdi-specialty.com.

About Hannover Re

Hannover Re, with gross premium of more than EUR 22 billion in 2019, is the third-largest reinsurer in the world. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with around 3,300 staff. Established in 1966, the Hannover Re Group today has a network of more than 140 subsidiaries, branches, and representative offices worldwide. The Group’s German business is written by the subsidiary E+S Rück. The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück outstanding financial strength ratings: Standard & Poor’s AA-“Very Strong” and A.M. Best A+ “Superior”.

Source: HDI Global Specialty via Full Circle Corporate Communications Ltd.

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