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Home / Insurance / HDI Global Specialty enters London's marine hull and machinery market

HDI Global Specialty enters London's marine hull and machinery market



HDI Global Specialty has moved into the market for marine hulls and machinery in London.

The insurer has appointed senior insurer Michelle Boyd to add the specialty line to its portfolio.

According to HDI Global Specialty, the coverage is for shipowners, managers , charterers and financiers, and includes freight and total loss interests, shipbuilding and conversion risks, loss of revenue and war risks of physical loss or damage and collision liability.

Ms. Boyd has more than 20 years of experience in the insurance market, covering both brokerage and insurance roles, and joins the specialty insurance company Axa XL, where she was a senior marine and hull guarantor.

Richard Taylor, CEO of HDI Global Specialty SE UK, said : "London's marine market remains one of the most important global centers for marine insurance, and market conditions remain optimistic. Taking in Michelle has enabled us to continue our growth strategy and expand our portfolio of specialties."

Commercial Risk Europe is a sister magazine to Business Insurance, more stories from CRE here.


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