With a crucial appointment, HDI enters the political risk and credit in Asia.

With the hiring of James Guardino as an underwriter, industrial insurer HDI has announced its foray into the political risk and credit market in Asia.

Previously, Guardino held the position of trade credit and political risk underwriter at Markel. Prior to that, he was employed by The Texel Group as an insurance broker for political and credit risk.

Guardino spent seven years with Aon in a variety of leadership positions, including associate director for structured and capital solutions and associate director for facultative reinsurance, according to his LinkedIn profile. He worked as a facultative reinsurance broker in Malaysia prior to his ten-year stay in Singapore.

Property, casualty, engineering, maritime cargo, and power and energy are being offered in Asia by HDI Global. With the support and capabilities of HDI Global Specialty, Guardino’s hiring broadens the scope of the Singapore branch’s capabilities to include political risk and credit. Guardino will be responsible for reporting to both Nick Robinson, the head of political and credit risk at HDI Global Specialty SE in London, and Graham Stilton, the managing director and senior officer of HDI in Singapore.

As we approach the Asian political risk and credit sector, Stilton expressed his excitement at having someone of James’ caliber join the company. He has accumulated a plethora of knowledge in a comparatively short amount of time, and I am forward to collaborate with him as we expand our product lineup in the area.

Following the required regulatory clearance from the Ministry of Commerce, the insurer announced its growth with the creation of a representative office in Bangkok, Thailand, a few months ago.