HDI Global SE (HDI) announces its new partnership with RMP to provide casualty capacity for higher education risks – including clinical trials cover
London, 08 September 2020
HDI is pleased to announce that it will be providing capacity on an exclusive basis for higher education risks through RMP, the specialist public sector MGA. RMP has over 25 years of experience serving not for profit organisations in the UK and Europe. This partnership will see RMP and HDI work exclusively together to develop innovative and responsive risk management solutions for the higher education sector, which currently is facing multiple challenges.
HDI will bring its outstanding risk engineering capabilities, via its team of over 170 specialist engineers, and work together with RMP Risk Control to deliver first class risk management support to the sector. The partnership introduces expert cover for clinical trials to university life science and medical departments and a new bespoke policy wording which can be tailored to meet the needs of each university or higher education institution.
Nick Colyer, CEO, RMP commented, “I am proud of RMP’s new partnership with HDI, not only will we be offering our clients and brokers access to the highest quality A rated capacity, but a carrier which is committed to supporting the higher education and research sector to manage risk effectively. The addition of the specific clinical trials capability to the RMP offering is a significant benefit which HDI’s outstanding expertise and understanding of the sector allows. I look forward to working together to support the development of the vital clinical trial sector at a time of challenge and uncertainty for higher education institutions.”
Michael Barnes, Education Director, RMP added, “We are delighted with this new exclusive relationship which was reached following a detailed market search and evaluation exercise to ensure that we brought an innovative robust risk solution, not only for our existing book of clients, but also the UK HEI sector as a whole.”
Claire McDonald, Managing Director, HDI Global SE UK & Ireland commented, “We have long admired RMP’s commitment to the public sector – and higher education in particular – and are delighted that together we will be working to protect these vital institutions as they manage risk. Having comprehensive insurance cover in place is crucial to ensuring clinical trials can get underway and are an example of how in partnership with RMP, we will better serve the higher education sector to manage the risks they face.”
Notes for editors
HDI Global SE
HDI forms part of the Talanx Group. With premium income €39.5 billion and over 22,000 employees Talanx is one of the major European insurance groups. The Hannover-based group is active in some 150 countries. Talanx operates as a multi-brand provider with a focus on business-to-business insurance. Under the HDI brand the group has a proud tradition of over 100 years operating in industrial lines insurance. The largest shareholder of Talanx AG is HDI V.a.G., a mutual insurance company, providing an essential foundation for long-term client relationships.
RMP has been dedicated exclusively to not for profit organisations for more than 25 years. With a proven track record of handling complex, multi-class risks efficiently and effectively, RMP has built its business based on an intimate understanding of the risks and challenges the public sector faces. RMP has achieved an outstanding client retention rate, with over 90% of insurance contracts consistently renewing every year.