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TMCNet:  Energi and HDI-Gerling America Continue Strategic Partnership to Provide Risk Management and Insurance for the US Energy Industry

[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)--

Energi and HDI-Gerling 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 Insurance Summit 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 states.

About Energi

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, visitĀ 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'sĀ 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 and www.talanx.com.


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