Everest Re's Brexit subsidiary launches UK branch in expansion move

Everest Insurance Ireland, dac (EIID), the  Dublin-based subsidiary of Everest Re Group, is opening a new branch office in the UK to expand its international capabilities.

The UK branch is authorised to write general insurance classes including goods in transit, fire and natural forces, damage to property, general liability, credit, suretyship and miscellaneous financial loss.

EIID was established in 2017 as the re/insurer's Brexit subsidiary, and is led by CEO Linda Ryan, who manages the strategy and operational development of the company. Ryan previously held the title of EIID chief financial officer.

“After a successful launch in Dublin, we are looking forward to expanding to the United Kingdom,” said Ryan. “We are confident that our innovative products, flexibility and knowledgeable underwriters will be a great asset to our new United Kingdom clients.”

Everest Insurance International CEO Vincent Vandendael, said: “This is an important step as Everest continues to expand our international capabilities. The United Kingdom is a strategic choice and a logical location for our next branch. We’re intent to prove ourselves a valuable asset to the UK insurance community.”