Everest unveils transportation and logistics group
Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht.
The segment will offer customers multiple lines of coverage, including workers’ compensation, employers’ liability, and up to $5 million in capacity for automobile liability and general liability. The risk appetite will include all sectors of the transportation industry, with a focus on logistics, waste haulers, airlines, fixed-based operations, and various for-hire transportation services.
Commenting on the announcement, vice president Engelbrecht said: “We are excited to establish and develop a sustainable, high-quality casualty operation built to meet the needs of our clients in the transportation & logistics industry.
"We believe this is an opportunity for us to add distinct value to this marketplace by combining underwriting excellence with a unique mix of loss control services, a deep set of complementary products, customized claims handling, and the Everest commitment of stability, leading financial strength and long-established credibility.”
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