HDI Global Insurance Company (HGIC) today announced a new leadership structure for its US casualty operations to strengthen its position across retail and wholesale markets. Ed Wu joins as Vice President and US Casualty Lead, with Thomas Long serving as Vice President and Admitted Casualty Lead.
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Ed Wu Vice President, US Casualty Lead (Photo: Business Wire)
In announcing these changes, Marco Hensel, Chief Underwriting Officer at HGIC, notes: "This enhanced structure positions us to better serve our clients and broker partners. Ed's extensive experience in both retail and wholesale markets, combined with Tom's proven expertise in admitted casualty, creates an exceptional leadership team that will drive our next phase of growth."
With an insurance career spanning 35+ years, Long has held a wide variety of senior underwriting and leadership positions and has extensive experience in both the traditional and alternative risk market sectors. He will be based out of the company’s US headquarters in Chicago, IL and will report into Wu.
Supporting this strategic realignment, Long emphasizes the enhanced value for clients: "By bringing together our retail and wholesale capabilities under unified leadership, we can deliver more innovative solutions that address the evolving challenges our clients face in today's dynamic risk environment. This ultimately strengthens our position as a true Partner in Transformation."
The appointment of Wu brings nearly three decades of commercial casualty experience to HGIC, with deep expertise in both primary and excess markets. His proven track record includes successfully leading nationwide teams and driving portfolio growth while maintaining strong underwriting discipline. His comprehensive background spans multiple industry sectors, including manufacturing, services, retail/wholesale trade, and hospitality, with particular strength in construction, E&S lines, national accounts, and middle market business.
"Our realigned organization ensures coordinated delivery of casualty solutions while maintaining specialized focus on each distribution channel," says Wu. "I look forward to working with our talented team to expand our market presence and deliver innovative solutions to our clients and trading partners."
Wu holds an MBA from St. John's University and a BS from the University of Southern California, complemented by ARM and CRIS designations and a P&C broker's license. Based in Las Vegas, NV he will report to Hensel and oversee HGIC's casualty underwriting.
About HDI Global SE (HDI)
Corporate & Specialty Insurer HDI Global SE (HDI) meets the needs of SMEs, larger companies, middle market and corporate clients with insurance solutions that are specifically tailored to their requirements. In addition to HDI's prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners.
In the United States, HDI operates through its three (3) wholly owned subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, IL and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands, HDI Global Select Insurance Company, a commercial property and casualty insurer licensed in Washington D.C., and in all US states, and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer which provides both primary and excess coverage to specialized industries and is also authorized to write business nationwide.
Acting as the Partner in Transformation, HDI Global SE leads more than 5,100 International Programmes and offers its multinational client’s compliant coverage worldwide. HDI Global SE is the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for several decades. Approximately 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 9.1 billion in the year 2023 (according to IFRS 17).
The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of AA-/stable (strong), and AM Best has assigned the A+ Rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX.
Disclaimer
This news release may include forward-looking statements which are based on certain assumptions, expectations and opinions of the management of Talanx AG and HDI Global SE. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s and HDI Global SE’s control, affect our business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialize, actual results, performance or achievements of Talanx AG and HDI Global SE may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG and HDI Global SE do not guarantee that the assumptions underlying such forward-looking statements are free from errors nor do Talanx AG and HDI Global SE accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG and HDI Global SE neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
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Contacts
For media enquiries please contact:
George Contoravdis
Tel: +1 312 589 6752
E-Mail: george.contoravdis@us.hdi.global
Dr Frederic Strohm
Tel.: +49 511 3747 2117
E-Mail: frederic.strohm@hdi.global
Christoph Boßmeyer-Hortsch
Tel.: +49 511 6455 9515
E-Mail: christoph.bossmeyer-hortsch@hdi.global