Everest mulls further European expansion with industry veteran hire from Chubb
Everest Insurance, the insurance wing of Everest Re Group, has hired an industry veteran from Chubb to support its international growth strategy leveraging his four-decade-long underwriting and leadership experience in the UK and Europe.
Andrew Kendrick (pictured) will join as non-executive chairman of the European board of directors, Everest Insurance (Ireland), Dac, effective April 7. Additionally, he will serve as an advisor to Everest Insurance International.
Kendrick’s 40 years of underwriting career spans executive leadership positions at some of the largest insurance companies. Most recently, he served as president and chairman of Chubb European Group, where he focused on regulatory matters including oversight of the company’s Brexit plans. Kendrick also held the position of president and chief executive officer of ACE Bermuda before being appointed president and chief executive officer of ACE European Group. Following, he served as president & chairman of ACE, where he oversaw the company’s acquisition of Chubb and its rebrand. Earlier in his career, Kendrick was director of underwriting & active underwriter of Syndicate 2488 at Lloyd’s.
Kendrick has significant experience advising boards of global and regulatory organisations. He was a member of the Lloyd’s Underwriting and Claims Committee and Lloyd’s Market Association Board, including a rotation as chair. Kendrick also previously served as non-executive director of the Lloyd’s Franchise Board and is currently chairman of Tysers Insurance Brokers Board.
“Andrew is a distinguished industry veteran with extensive experience leading successful expansion strategies for global insurance organisations,” said Adam Clifford, co-lead of Everest Insurance International. “This, coupled with his board service to several multi-national organisations, makes him a valuable addition to Everest’s European Board of Directors.”
Jason Keen, co-lead of Everest Insurance International, added: “I look forward to working with Andrew, and leveraging his expertise and guidance as we continue to diversify and grow our insurance business in new and attractive markets around the world.”
“We are pleased to welcome Andrew to the European Board,” said Juan Andrade, Everest president and CEO. “His industry and regulatory experience across Europe and around the world will be an asset as we continue to scale our insurance business and augment our global capabilities.”
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