CHICAGO--(BUSINESS WIRE)--HDI Global Insurance Company (HDI Global USA) today announced the appointment of Jessica Cao to Vice President, Actuary. Ms. Cao will be based in Chicago and will report to Brad Diericx, Senior Vice President & Chief Financial Officer.
Ms. Cao will lead the company’s actuarial organization. She will be responsible for the company’s claims reserve function, aligning pricing across all lines of business, and implementing critical analysis to support and improve underwriting profitability.
“As the Actuarial department continues to support HDI’s growth initiatives, I am confident that Jessica brings the necessary experience and leadership qualities that will help us bring new products to our customers,“ said Diericx. “I am pleased to welcome Jessica to HDI and look forward to working with her on positioning our business for sustainable underwriting profitability.“
Prior to joining HDI, Ms. Cao served as an actuarial specialist at AmWINS Specialty Casualty Solutions, where she determined pricing for workers‘ comp and liability treaties, including PEO, public entities and healthcare. In her close to two-decades of industry experience, she has held leadership roles at StarStone, Zurich, CNA, and Liberty Mutual.
Ms. Cao holds a B.S. in Economics from Fudan University in Shanghai, China and a Master of Science in Mineral Economics from Pennsylvania State University. In 2006, she was admitted as a Fellow of the Casualty Actuarial Society.
About HDI Global SE (HDI)
HDI Global SE is a leading international industrial lines insurer and member of the Talanx Group. With over 3,000 employees worldwide, HDI is active in more than 150 countries through subsidiaries and network partners. In the United States, HDI operates through its subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, Illinois and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands; and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer also authorized to write business nationwide.
HDI Global SE, HDI Global Insurance Company and HDI Specialty hold Financial Strength Ratings of A (Excellent), XV from A.M. Best.