German industrial insurer HDI Global has opened a new representative office in Thailand and appointed a new managing director to lead the unit.
HDI Global is expanding its footprint to the Thailand market by opening a representative office in Bangkok, according to a statement, following regulatory approval from the country's Ministry of Commerce.
The insurer also appoints Somchai Trongwisalpattana as managing director to lead the office, reporting to Graham Silton, managing director of HDI Global Singapore. Trongwisalpattana has over 40 years of industry experience, across commercial and industrial insurance.
«The opening of our office in Bangkok shows our commitment and growth ambitions for Thailand and the wider region to serve our clients and business partners locally,» said Silton.
HDI Global is part of German insurance group Talanx, employing around 4.300 employees worldwide. It is an industrial insurer that covers business lines including property, power and energy, engineering, casualty and marine, generating gross written premiums of approximately 7.6 billion euros ($8.1 billion) in 2021.
