Everest Re invests in US specialty insurance platform
Bermuda-based Everest Re has invested further in the expansion of Everest National Insurance Company, its US specialty insurance platform, by launching a new dedicated Inland Marine underwriting team.
Mike Warfield has been named to lead this new unit. Warfield has been with Everest since 2013, previously overseeing the marketing, distribution and business development area for Everest National.
Prior to joining Everest National, Warfield was President of Colony Insurance Company. He is joined by Matt Bisig, vice president and underwriting leader, who previously worked for CNA Insurance Company as the inland marine manager for the Central and Southeastern region.
Jonathan Zaffino, president of Everest National Insurance Company, said: “'Mike and Matt bring the breadth of underwriting expertise we desire in this unique segment. Their expertise, industry knowledge, and diverse skill set make them ideally suited to lead our new US inland marine platform. The inland marine offering is a natural extension of our in-force US. property insurance portfolio, and we remain equally excited about the potential for increased product alignment with our other new and existing casualty insurance segments.”
Earlier this year, Everest National hired Tom Morelli to develop and lead its energy casualty group and Connie Germano to lead their specialty casualty platform in the US. These moves continue to extend Everest’s specialty property and casualty offering in the US as part of the overall group strategy to grow and diversify its insurance operation into a premier global specialty insurance company.