HDI Global Appoints New Leader for Alternative Risk Transfer Division

HDI Global has appointed Eric Joly-Pottuz as the new head of its alternative risk transfer (ART) division, HDI Enablers, based in Paris. Mr. Joly-Pottuz succeeds Etienne de Varax, who has led the unit since its launch in August 2022. Mr. de Varax, credited with establishing the unit in the European market, will retire at the end of 2024; he will remain a senior adviser until then.

Mr. Joly-Pottuz, an actuary with a background at AXA Group and management roles at HDI Global since 2016, will focus on expanding HDI Enablers' innovative risk solutions and exploring new markets beyond Europe, including potential opportunities in the United States and Asia. "Our core business is in Europe, but we're open to expanding further. Malaysia, for example, is becoming a significant captive domicile," Mr. Joly-Pottuz said.

HDI Enablers collaborates with local HDI Global teams to offer specialized risk financing solutions, including captive stop loss, parametric reinsurance, and "virtual captives." These services allow large corporations to manage complex risks with tailored solutions. The division also offers products that can interact with corporations' captives, providing flexibility and addressing unmet market needs.

Dr. Thomas Kuhnt, a member of HDI Global SE's executive board, highlighted the strategic importance of HDI Enablers. "In a world where risks are becoming increasingly complex, we provide our customers with innovative ways to manage their risks. Eric Joly-Pottuz is an experienced expert who will elevate our ART offering. We thank Etienne de Varax for his successful leadership and look forward to his continued support until his retirement."