Everest Insurance promotes new ceded reinsurance head
Bermuda-based Everest Insurance has promoted Harry Townsend to chief ceded reinsurance officer, leading the Ceded Re strategy for the global division.
He will be based in London, reporting to Mark Maritzen, Everest Insurance global chief underwriting officer.
“Harry has established a standard of operational excellence across our International Ceded Re business, bringing an even greater level of engagement with reinsurers,” said Mark Maritzen.
“Everest is focused on deepening our commitment to our global reinsurance partners, and Harry brings both a strong network of relationships and business acumen that will help us expand those partnerships.”
Townsend joined Everest in January 2024 as head of ceded reinsurance, International, from Liberty Mutual Insurance where he most recently served as global reinsurance casualty division manager.
During his decade-long tenure at Liberty, he served in a variety of roles with increasing responsibility focused on underwriting, casualty and specialty reinsurance purchasing and portfolio management.
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