German insurance coverage firm HDI World is about to open a brand new workplace in Portugal to enhance its present buyer and dealer platform in Iberia.
The corporate has acquired regulatory approval to open the workplace on the Iberian Peninsula.
HDI World’s portfolio of options is deliberate to be replicated in Portugal. It’s going to embrace insurance coverage for property harm and enterprise interruption, casualty, vitality and development, marine, cyber, and speciality traces.
HDI stated the brand new department may also present entry to its worldwide programme community and its captive fronting and different threat switch capabilities.
Nuno Antunes, presently serving as shopper technique head for Iberia and Portugal nation supervisor, will lead the brand new department as managing director.
Nuno stated: “Our focus can be on providing our purchasers and enterprise companions modern options, capital energy, stability, technical experience, and dependable service – no matter whether or not they function internationally or solely in Portugal.”
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Native actions from the brand new department workplace in Lisbon are deliberate to begin at first of subsequent yr.
HDI World board of administration member David Hullin stated: “We’ve got been working efficiently in Portugal for greater than 20 years. Opening a department workplace in Lisbon is the logical development of our profitable enterprise improvement, our market evaluation, and our ambition to be the accomplice in transformation for our purchasers.
“On the one hand, we wish to underline our robust dedication to Portugal and all the Iberian Peninsula. Alternatively, we’re significantly better accessible to our purchasers with private contacts within the area.”
