The appointment of Claire McDonald and Ralph Beutter to the Management Board of HDI Global SE will take effect from 1 January 2022. Starting on that date, Claire McDonald will be responsible as Chief Underwriting Officer for the Property, Engineering and Marine portfolios and HDI Risk Consulting. Ralph Beutter as CEO of HDI Global Specialty SE will be responsible for Specialty on the Board of Management of HDI Global SE. At the same time, David Hullin (53), who has been responsible on the Board of Management to date for the Property classes, will take over the management of the company’s international markets together with Jens Wohlthat. Dr Mukadder Erdönmez will take over responsibility for the motor fleet business in addition to third-party liability and cyber insurance.
Claire McDonald is currently the highly successful Managing Director of HDI Global SE’s UK and Ireland branches. Amongst other things, she has steered the branch through Brexit and successfully implemented the reorganisation and restructuring of the local portfolio. Before that, she was with the Allianz Group for over thirty years in a variety of Underwriting and Operations roles most recently as Global Head of Operations at Allianz Global Corporate & Specialty SE.
Ralph Beutter has many years’ experience of industrial insurance and the reinsurance business. He has worked as an underwriter at the Talanx Group since 1987, occupying a number of management positions at Hannover Re since 1994. He was named CEO of Inter Hannover (International Insurance Company of Hannover SE) in 2015 and has been CEO of HDI Global Specialty SE since 2019. HDI Global Specialty was formed in 2019 as a joint venture between Hannover Re and HDI Global SE. It currently generates approximately EUR 2.5 billion in premiums and aims to lift this figure to EUR 3.7 billion by 2025. As from 1 January, HDI Global Specialty will be a wholly-owned subsidiary of HDI Global SE.
“Yves Betz made a considerable contribution to growing the profitability of the international business” -Torsten Leue, Chairman of Talanx AG’s Board of Management and Supervisory Board Chairman at HDI Global SE
Yves Betz, who is currently responsible for Europe (without Germany), Americas and Global Marketing, is leaving the company for personal reasons to take up a new professional challenge. “I would like to thank Yves Betz for his very good work over the past years. He made a considerable contribution to growing the profitability of the international business. I wish him all the best for the future”, said Torsten Leue, Chairman of Talanx AG’s Board of Management and Supervisory Board Chairman at HDI Global SE. “I am delighted that two outstanding executives are joining HDI Global’s Board of Management in the form of Claire McDonald and Ralph Beutter. They will help achieve the goals we have set for our industrial insurance business. I also wish David Hullin and Mukadder Erdönmez every success in their new roles.”
Dr. Edgar Puls, who is responsible for Industrial Lines on the Talanx Group’s Board of Management and chairs the Board of Management of HDI Global SE, added: “It has been a great pleasure to work with Yves Betz over the past years. In addition to his operational successes, he has made clear contributions to HDI Global’s strategy and to enhancing its culture. I would like to wish him all the best for the future. I am delighted that I will be working even more closely with Claire McDonald und Ralph Beutter in the future. And I am looking forward to seeing David Hullin and Mukadder Erdönmez continue their successful work in their new roles. Together, we will maintain the company’s profitable growth trajectory.”
Further announcements will follow in the near future with regard to the leadership of HDI Global UK and Ireland, in the meantime HDI Global UK & I remains under the leadership of Claire McDonald.
With effect from 1 January 2022, HDI Global SE’s Board of Management will consist of the following people:
- Dr. Edgar Puls (CEO)
- Ralph Beutter (Specialty)
- Dr. Mukadder Erdönmez (Third-party Liability, Cyber Insurance, Motor)
- Dr. Christian Hermelingmeier (CFO)
- David Hullin (region Americas, Europe (without Germany))
- Dr. Thomas Kuhnt (COO, IT and Group Accident)
- Andreas Luberichs (region Germany)
- Claire McDonald (Property Insurance, Engineering Insurance, Marine Insurance, HDI Risk Consulting)
- Jens Wohlthat (region Asean, South Africa, Middle East, Russia).
As always, the new appointments to board of management positions are subject to approval by BaFin, the German supervisory authority.