HDI Global Specialty has announced the launch of its Political and Credit Risk team in London and named Nick Robinson as head of political risk & structured credit and Anthony Vaughan senior analyst and underwriter.

The new London team will work in collaboration with HDI Global Specialty’s existing Political Risk team based in Stockholm.

Both Robinson and Vaughan join from Neon Underwriting.

Robinson brings over 20 years of political risk insurance experience to the business, including the establishment and development of a successful PRI book at Marketform, latterly Neon Syndicate. This included Confiscation, Expropria-tion, Nationalization and Deprivation, Contract Frustration and Structured Credit insurance.

During his tenure, Robinson has also worked at AIG London, Wellington Underwriting and JLT.

Vaughan is a CFA charterholder by training and started at the Australian Prudential Regulation Authority in 2002.  He then spent nine years with Sumitomo Mitsui Banking Corporation in several positions, lastly serving as a credit analyst in London. He joined Neon in 2017 and played an essential role in setting up the firm’s Structured Credit business plan.

Richard Taylor, HDI Global Specialty SE UK managing director, said: “I’m pleased to be welcoming Nick and Anthony to the London team at HDI Global Specialty SE. Since the creation of the business at the start of last year, we have said we will be looking for opportunities to expand our offering to the market which now extends to Credit products including both public and private obligor default and lenders protection alongside existing Political Risk coverage. This is another example of the business delivering on its stated strategy of organic and inorganic growth.”