(Re)insurer Everest has expanded its operations into the Italian market with its headquarters located in Milan.
The new unit will be led by José Ramón Morales, head of Southern Europe, Everest Insurance International. The launch in Italy follows Everest’s recent expansion into other international markets, including Australia, Colombia and Mexico.
Everest offers insurance solutions across property, casualty, financial lines, energy and construction, accident and health, cyber, marine and aviation lines.
Véronique Brionne, senior vice president and head of Europe, Everest Insurance International, says: “Italy is among Europe’s largest economies and a key market as we continue to scale throughout the continent.
Adam Clifford, co-lead of Everest Insurance International, adds: “We are bringing Everest’s value proposition, including dedicated local expertise, tailored risk solutions and best-in-class service, to meet the evolving needs of businesses in the region.”
"As we deepen our European presence, Everest’s strength as a global powerhouse, combined with our localised expertise, best positions us to fill certain gaps that exist in the Italian market for bespoke solutions and enduring partnerships."