Everest Insurance hires AIG exec for a new practice in US

Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has appointed Andy Faber to lead its newly-launched life sciences practice within the specialty casualty group.

Based in the company's Boston office, Faber will be responsible for establishing a dedicated life sciences team in the US marketplace, and bringing to market customised product solutions to support the complexity of this industry group. Faber will report directly to Connie Germano, head of the Everest Specialty Casualty Group.

Faber joins Everest Insurance from AIG, where he has worked since 1998, having held a variety of roles of increasing responsibility within the AIG organisation, most recently as vice president and global life sciences product line manager with the Lexington Insurance Company.

Germano commented: "We are delighted that Andy has joined Everest to lead this important initiative for us. Andy is an accomplished leader and a technically sound underwriter.

"Andy’s knowledge of the life sciences space, his industry and client relationships, and his marketplace reputation, will be an asset to Everest as we launch our new life sciences practice."

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