UK branch of Everest Re's Brexit subsidiary now fully operational

Everest Insurance Ireland, DAC (EIID), the Dublin-based subsidiary of Everest Re Group, has announced that its  newly-launched branch office in the UK is now fully operational.

The UK branch will write contingency, credit and political risk, financial and professional lines, general liability, medical malpractice, property, specie, surety and US excess casualty.

“The UK branch further enhances the ability of our teams to deliver a broad range of innovative solutions and services with increased optionality for our distribution partners and clients alike,” said Linda Ryan, CEO of EIID.

Vincent Vandendael, CEO of Everest Insurance International, added: “This provides further operational flexibility as we continue to expand our international insurance capabilities, and plan for any changes that may occur in the market including any potential uncertainty created by Brexit.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

6m customers overpaying for insurance – Financial Conduct Authority

Convex to write excess and surplus lines in US

CAC Specialty launches private equity unit with slew of key hires HDI looks to CNA, Ironshore for US property/casualty expansion

Willis appoints new head of property broking in North America

US broker Heffernan buys construction brokerage firm to boost practice

Canopius completes AmTrust at Lloyd’s merger

Feature:  10 ways insurers are using insurtech to drive new business