For over 50 years we have been providing insurance to the aviation industry, with some client relationships spanning over three decades. Over this time, we have become an established player in the aviation market, with a reputation based on reliability and flexibility.
“No insurer can compare to us in the past two years in terms of investment in aviation. We have seen good growth in our aviation business, which now accounts for around 10% of HDI Global Specialty SE’s total annual specialty premiums, This demonstrates our investment and belief in the aviation sector,”
HDI Global Specialty’s long-term approach to the aviation market has insulated the group from volatility affecting other parts of the insurance sector, explains Jackson. “Our consistent performance ensures the support of senior management and means that local underwriters are not under the same short-term pressures and constraints as some other large insurers. In addition, we are not beholden to Lloyd’s supervision, and are therefore not restricted as many currently are within the Lloyd’s franchise. We hold the key to our destiny,” says Jackson.
HDI Global Specialty also believes strongly in empowering its underwriters in their local markets, explains Jackson. “HDI’s decentralised structure provides for flexible and agile underwriting. Underwriters are able to draw on the resources and expertise of a global insurance group, yet are empowered to respond to the needs and opportunities of regional markets. The autonomy of our underwriters, who can adapt quickly to changes in the market, is one of our key strengths,” he says.
Underwriters in local markets are able to tap into the group and address cross-border insurance needs, according to Michael McEwen, Head of Aviation in Canada. “Our local aviation offices co-operate to write cross-border accounts. We are able to write matching lines in different geographies and offer clients global support, which is one of the unique features of our aviation offering,” says McEwen.