Industry 4.0 policies are being drafted by the HDI organization.
HDI Global, a leading insurance group based in Hannover, has announced the establishment of a new "Digital Solutions" team. The team, headquartered in Switzerland, will focus on providing innovative insurance solutions to companies in the New Economy and Industry 4.0 sectors.
The primary objective of HDI Global's Digital Solutions team is to work with companies that are pioneering digital production in Industry 4.0, particularly those with innovative online business models and product innovations. These companies are at the forefront of the fourth industrial revolution, where digital production is predominantly carried out by robots and interlinked with modern information and communication technology.
The new team will develop insurance solutions designed to guarantee the performance of these companies' operating processes and reduce their financial risks. Additionally, the solutions aim to build trust in new products and services among end customers.
HDI Global's approach to the digital insurance solutions market involves leveraging its engineering and construction underwriting expertise, particularly in the energy, renewables, and infrastructure sectors. The company is also expanding its capabilities in Risk Finance and ESG (Environmental, Social, and Governance) insurance offerings, which are essential for companies in the New Economy navigating evolving risks such as climate change, technological transformation, and sustainability commitments.
Meryem Seyyar, the head of the new HDI team, emphasized the strategic importance of the Digital Solutions team in the current digital age. "Our mission is to provide insurance solutions that understand and address the nuanced risks of emerging technologies," she said. The team will work closely with commercial customers who develop and market Industry 4.0 product innovations, ensuring that their insurance solutions can be integrated into the core products of these companies.
The establishment of the Digital Solutions team is part of HDI Global's broader strategic moves to provide insurance solutions that cater to the complex and evolving risks of New Economy and Industry 4.0 companies. By combining advanced engineering expertise, Risk Finance products, ESG-focused coverage, and strong regional leadership, HDI Global aims to meet the technical, financial, and sustainability challenges faced by businesses at the forefront of technological innovation and digital transformation.
[1] HDI Global SE. (2021). HDI Global SE Expands Digital Offerings with New Solutions for the New Economy. Retrieved from https://www.hdi.global/en/media/news/2021/hdi-global-se-expands-digital-offerings-with-new-solutions-for-the-new-economy
[2] HDI Global SE. (2021). HDI Global SE Strengthens ESG Commitment with New Leadership and Solutions. Retrieved from https://www.hdi.global/en/media/news/2021/hdi-global-se-strengthens-esg-commitment-with-new-leadership-and-solutions
[3] HDI Global SE. (2021). HDI Global SE Appoints New Leaders to Drive Growth in Risk Finance Solutions. Retrieved from https://www.hdi.global/en/media/news/2021/hdi-global-se-appoints-new-leaders-to-drive-growth-in-risk-finance-solutions
- HDI Global's Digital Solutions team will collaborate with businesses in the technology industry, particularly those aiming for digital production in Industry 4.0, to offer insurance solutions that mitigate their business risks in finance.
- Beyond the insurance sector, HDI Global also aims to extend its ESG (Environmental, Social, and Governance) insurance offerings to support companies in the technology and new economy sectors, addressing the evolving risks such firms encounter, including climate change and technological transformation.
