Mackay Succeeds Adamczyk as HDI’s Global Head of Energy & Power

Key Takeaways

• Mark Mackay becomes HDI Global Energy & Power head.
• Mackay brings 15 years international insurance and engineering expertise.
• Focus on low‑carbon transition and full value‑chain coverage.
• Franz Adamczyk shifts to senior advisory role.
• Haris Michaels leads HDI’s Asian Energy & Power portfolio.

Pulse Analysis

Mark Mackay’s elevation to global leadership reflects HDI Global’s intent to blend technical underwriting with a worldwide client service model. With a chemical‑engineering background and a track record at Allianz Global Corporate & Specialty and AXA XL, Mackay has overseen the Singapore Energy & Power book, driving growth across the Asia‑Pacific market. His appointment not only replaces Franz Adamczyk, who built the unit from the ground up, but also signals continuity in expertise while injecting fresh perspective on emerging energy risks.

The new role places a premium on integrating underwriting and claims functions to serve the full energy value chain—from traditional power generation to renewable and low‑carbon technologies. By centralising specialist knowledge, HDI aims to offer faster, more consistent coverage for complex projects such as offshore wind farms, hydrogen infrastructure, and grid‑modernisation initiatives. This holistic approach is designed to meet broker and client demands for speed, technical depth, and bespoke solutions, positioning HDI as a trusted partner in the sector’s rapid transformation.

Industry‑wide, the leadership shift arrives as insurers grapple with heightened volatility, climate‑related losses, and the financing of large‑scale decarbonisation programmes. HDI’s reinforced focus on energy and power aligns with broader market trends where carriers are expanding capacity for renewable projects while maintaining robust portfolios in conventional assets. For brokers, the move promises stronger advisory support and more resilient capacity, potentially reshaping competitive dynamics among global specialty insurers as they vie for a share of the multi‑trillion‑dollar energy transition market.