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29 September 2022Insurance

HDI Global reshuffles property lines structure; appoints new leaders

HDI Global SE has centralised its portfolio steering teams in the property lines, in a move aimed at accelerating the execution and delivery of underwriting transformation activities at the company.

Carsten Schulte (pictured), who previously worked in property portfolio steering, will lead the new team, reporting to Claire McDonald, member of the executive board of HDI Global SE with responsibility for the property, engineering and marine insurance lines as well as for HDI Risk Consulting.

Under the overall leadership of Schulte, the new department structure encompasses the nat cat and product & policy steering teams, as well as the newly combined team of portfolio steering property, engineering, marine.

This unified team is headed by Alexander Klein who previously led marine portfolio steering.

Schulte commented: "We are creating a hub for accelerated knowledge sharing among our teams and the pooling of their expertise. This structure in Portfolio Steering will enable us to learn from and share with one another to an even better extent."

McDonald said she is looking forward to "an improved and more consistent support for our branches as well as increased speed on our initiatives to optimise our worldwide underwriting performance."

Walter Garhammer, who previously headed the department, is leaving the Group after 35 years. He said: "I would like to thank Walter most warmly for his excellent contribution to HDI over many years and in many different roles. Thanks to his work over the past few years, Carsten is taking the reins of an intact and dynamic team. We would like to wish Walter and his family all the very best for the future!"

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