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HDI Global introduces motor fleet product

HDI Global has strengthened its Australian offering with the introduction of a motor fleet product, launched at a series of events that were part of a national roadshow.

Underwriting Manager Motor Australasia Khoder Chehade, who joined HDI Global last year, says the feedback from brokers and clients has been “very positive”.

“We could not be happier with how the product has been received in the market,” Mr Chehade told insuranceNEWS.com.au. “We have seen a solid flow of submissions since launching the product, a number of which we have bound as new business.”

The product is available for all vehicle classes including heavy motor, mobile construction plant and equipment (including mining) as well as light commercial vehicles such as sedans, utility vehicles and 4x4s.

The addition of the motor product, which offers insurance for all vehicle classes under one “well-researched comprehensive wording” adds to HDI Global’s existing lines of property, liability, marine, accident and health and engineering and construction.

“The motor fleet market in Australia is competitive and we certainly respect the quality of our competitors,” Mr Chehade said. “We do feel, however, that we are well placed to sustainably grow in the coming years.”