HDI Global Insurance Company has appointed Jim Clark as chief executive officer, effective January 1, 2020.
Mr. Clark, who currently is the company's chief underwriting officer, will succeed long-time chief executive officer and president, Lothar Becker, who will continue to serve as HDI's deputy chair and chair of the company's excess and surplus lines subsidiary, HDI Specialty Insurance Company.
Mr. Clark, who has been with HDI since 2003 and has held a number of leadership positions within the company, brings more than 30 years of underwriting and technology experience within the financial services industry.
Prior to joining HDI, Mr. Clark spent 12 years at the Kemper Group, where he handled all lines of business for international and domestic clients, including alternative risk and group captive business.
He is a graduate of the University of Wisconsin with a B.S. in finance and insurance.
Brad Diericx, HDI's chief financial officer since 2014, will assume the role of president of the company. In his expanded role, Mr. Diericx will lead the company's information technology, human resources, and operations activities, while maintaining responsibility for the company's finance function.
Prior to joining HDI, Mr. Diericx held two senior executive roles in merchant banking, consulting, and public accounting over his 25-year insurance career.
"We are pleased about the very well planned and executed leadership transition within our organization," said Jens Wohlthat, HDI's chair. "Lothar has transformed our initial U.S. liaison office into a sound and very respected insurance carrier and developed our North American region with growing entities in Canada and Mexico. We thank him for his three decades of leadership and dedication to our group and look forward to working with him in his new role. At the same time, we feel that Jim and Brad have the qualities necessary to lead HDI into its next phase of growth. They are very experienced insurance professionals, who not only understand the culture of our company, but are also highly motivated to continue the successful path of our North American operations. We wish all three gentlemen every success in their new roles."
Learn more: www.hdi.global.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].