Everest
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The executive is tasked with developing client relationships and pursuing growth in emerging economies. -
The carrier is launching into the downstream energy market as part of an international primary lines expansion.
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In his new position, the executive will focus on the firm’s expansion of its aviation insurance offerings.
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The appointment comes just four months after Everest entered the class, hiring Global Aerospace’s Paul Truman to run its aviation book.
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The carrier is launching into marine as part of a strategic buildout in primary insurance.
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CEO Juan Andrade said the carrier would be looking continually to expand and “bridge gaps”.
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South African flood losses, Canadian and European storms and second-quarter events in the US were cited as contributors to the deterioration.
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Everest Re has appointed TMK’s Ben Amphlett as its first head of aerospace while also hiring Jake Wagner, senior aviation underwriter at Allianz.
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In this newly created role, Joe Stuhl will lead the reinsurance organization’s global distribution strategy and address emerging needs.
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SVP and regional head of insurance in Asia Ben Carey will lead the operation.
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The carrier is planning to ramp up its involvement in the class as part of its primary lines buildout.
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He moves from Axis Capital and will succeed Jon Levenson.
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