Industrial lines insurer HDI Global SE has partnered with RMP, a specialist public sector MGA, to provide casualty capacity for higher education risks. The partnership will see RMP and HDI work exclusively together to develop innovative and responsive risk management solutions for the higher education sector currently facing multiple challenges. It will develop cover for clinical trials to university life science and medical departments and a new...
...bespoke policy wording that can be tailored to the needs of each university or higher education institution.
Claire McDonald, managing director of HDI Global SE UK & Ireland, said: “We have long admired RMP’s commitment to the public sector - and higher education in particular - and are delighted that together we will be working to protect these vital institutions as they manage risk. Having comprehensive insurance cover in place is crucial to ensuring clinical trials can get underway and are an example of how in partnership with RMP, we will better serve the higher education sector to manage the risks they face.”
Nick Colyer, CEO of RMP, added: “I am proud of RMP’s new partnership with HDI, not only will we be offering our clients and brokers access to the highest quality A rated capacity, but a carrier which is committed to supporting the higher education and research sector to manage risk effectively. The addition of the specific clinical trials capability to the RMP offering is a significant benefit which HDI’s outstanding expertise and understanding of the sector allows. I look forward to working together to support the development of the vital clinical trial sector at a time of challenge and uncertainty for higher education institutions.”
HDI, RMP, Partnership, Casualty, MGA, Insurance, Reinsurance, Industrial lines, Risk Management, Claire McDonald, UK