Everest Reinsurance establishes new world specialties division

Everest Reinsurance has introduced the formation of a brand new world specialties enterprise unit, an initiative which consolidates the corporate’s experience in numerous areas equivalent to aviation, marine, cyber, engineering, and parametric options.

Main this new division is Phil Taylor (pictured above), appointed as head of worldwide specialties, reporting on to Jill Beggs, head of North America and world specialty reinsurance.

Taylor brings over 25 years of expertise within the specialty insurance coverage sector. Earlier than his present position, he served as world head of aerospace for Everest Reinsurance.

In response to LinkedIn, his prior expertise additionally contains managing substantial aviation portfolios, notably at Liberty Specialty Markets. Taylor additionally held varied positions at AXIS Re, together with deputy unit head, and spent over a decade at Aon, most just lately as a specialty strains dealer.

“Since becoming a member of Everest, Phil has remodeled our aviation portfolio into the market-leading apply it’s at present. I’m assured his sturdy management expertise and world specialty experience will elevate our place throughout all specialty strains,” mentioned Beggs. “Phil is the definition of a excessive performing chief and I look ahead to working with him and the group as we proceed evolving our enterprise to align with purchasers’ and brokers’ wants and ship the distinctive service and worth they deserve.”

What are your ideas on this story? Please be happy to share your feedback under.