|[July 24, 2014]
Energi and HDI-Gerling America Continue Strategic Partnership to Provide Risk Management and Insurance for the US Energy Industry
PEABODY, Mass. --(Business Wire)--
America have entered into a multi-year agreement to extend their
strong partnership offering risk management and insurance programs to
certain segments of the United States downstream, midstream and upstream
energy markets. Energi provides Distribution Management, Underwriting,
Policyholder Services and Loss Control/Engineering, while HDI-Gerling
provides insurance products that include property, general liability,
commercial automobile, excess liability and workers compensation.
"The collaboration between Energi and HDI-Gerling America embodies the
true essence of a strategic partnership," said Brian K. McCarthy, CEO of
Energi. "It is a testament to what can be accomplished when companies
that share the same standards for excellence and corporate values align.
HDI-Gerling is critical to the success Energi has achieved thus far."
HDI-Gerling will participate in Energi's upcoming Risk Management and
in San Antonio, Texas. Jens Wohlthat, Member of Executive Board
HDI-Gerling Industrie Versicherung AG and Chairman of the Board
HDI-Gerling America, will be a panelist in the General Session Insight
into Energi's Strategic Partnership with its Policyholders and Talanx
Group: Hannover RE / HDI Gerling.
"We recognize Energi to be one of the leaders in the North American
energy market, and an innovative company committed to developing and
implementing best practices," said Dr. Lothar Becker, President and CEO
of HDI-Gerling America. "Since our partnership began, we have been
continually impressed by Energi's process and results, and as a result
have formalized the arrangement for several more years to come."
Energi Programs are offered directly or through a select network of
independent insurance agents and brokers, and are available in all 50
Energi is a Peabody, Massachusetts-based industrial reinsurance company
that provides specialized insurance and risk management products to
targeted market segments of the North American energy industry. The core
programs include fuel distribution, fuel transport, energy construction,
agricultural cooperatives, renewable energy, energy efficiency,
utilities and oil & gas exploration. Founded in 2005 by insurance
professionals and energy industry leaders, Energi is licensed in all 50
states and Canada. For more information, visit www.energi.com.
About HDI-Gerling America
HDI-Gerling America Insurance Company is a commercial property and
casualty insurer headquartered in Chicago, IL and licensed in all 50
states, Washington D.C. and Puerto Rico. The company provides commercial
insurance solutions to worldwide clients of HDI-Gerling Industrie
Versicherung, a Talanx Group company, as well as national and
international commercial property & casualty insurance programs for U.S.
domiciled corporations. With premium income of EUR 28.1 billion (2013)
and more than 21,500 employees, Talanx is Germany's third-largest and
Europe's seventh-largest insurance group. The rating agency Standard &
Poor's has given the Talanx Primary Group a financial strength rating of
A+/stable (strong). For more information, visit www.hdi-gerling.com
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