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24 August 2022Insurance

Everest hires new aviation head to tackle complex challenges facing market

Everest Insurance, the insurance division of Bermuda-based  Everest Re Group, has tapped Global Aerospace underwriting manager for a newly created role designed to address the complex and evolving challenges facing the global aviation market.

Paul Trueman (pictured) has joined Everest as head of aviation for its international business. He will report to Jason Keen, co-lead of Everest Insurance International.

Trueman has more than 15 years of deep sector and industry experience. He joins Everest Insurance International from Global Aerospace Underwriting Managers where he most recently served as underwriting manager, responsible for the underwriting strategy of the company’s airline portfolio and managing market leading proposition for clients and brokers.

Prior to that, Trueman was head of aviation & space for ACR, overseeing underwriting management of the global portfolio across general aviation, aerospace products & airports, airline and apace. He has also held underwriter positions at AIG and Catlin within the Asia Pacific region.

In his new role, Trueman will lead the airlines, aerospace and general aviation portfolio, responsible for overseeing underwriting, market engagement and treaty purchasing for the company’s international aviation customers around the world.

Keen said: “Now more than ever, the aviation market is ripe for a partner who can deliver the specialized expertise, financial stability and service Everest is known for globally. Paul’s extensive background, coupled with his deep local market knowledge, makes him the perfect executive to support the unique and growing needs of customers across the industry, and I look forward to working with him as he continues to build a world-class team.”

Mike Karmilowicz, president and CEO of Everest Insurance, added: “With Paul’s leadership, we are well positioned to deliver the innovative solutions needed to address the complex and evolving challenges facing the global aviation market.”

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