Everest reshuffles its financial and professional liability management team

Everest Insurance has made four leadership changes in its financial and professional liability business in a move it believes will position it to better meet the evolving needs of its customers.

John Humphreys becomes head of financial institutions, responsible for leading and growing the financial and professional liability portfolio for all types of financial institutions. He succeeds Charlie Higham, who was promoted to head of financial and professional liability in January.

Matt Gallagher has been named head of executive solutions, assuming responsibility for the public company directors’ and officers’ (D&O) portfolio. He succeeds Alan Lutz, who was recently named national head of strategic relations for Everest Specialty Underwriters.

Ayesha West has been named head of cyber liability, responsible for leading the growth and management of cyber liability coverage and solutions across industries.

Finally, Tim Barry has been named head of asset management, reporting to Humphreys. A newly created role, Barry is responsible for driving specialisation and innovation to provide unique insurance solutions to financial institutions customers, including investment advisers and mutual fund families.

Higham said: “These changes in leadership are a testament to our deep bench of exceptional talent and the focus on aligning top talent to maximise current and future market opportunity.”