Everest Insurance International has consolidated its specialty insurance operations into a single unit, combining lines across its marine, aviation, energy & construction, cyber and industry practices.
Paul Trueman (pictured) has been appointed head of specialty for Everest Insurance International and will oversee the new business unit. Trueman joined Everest in 2022 as head of aviation. He has more than 20 years of industry experience, including senior roles with global insurers in London and the Asia-Pacific region.
Since joining Everest, he has contributed to expanding the company’s footprint in aviation and enhancing its underwriting performance across specialty classes.
“We are strengthening our investment in the growing needs of the specialty market, with integrated solutions and expertise to serve a broad range of complex risks,” said Jason Keen, co-head of International Insurance. “Paul’s deep market knowledge, collaborative leadership style and keen understanding of specialty risk position him well to lead this next phase of growth at Everest, while enhancing our position in the market.”
Everest’s specialty insurance business spans more than 115 countries and includes a mix of commercial and specialty lines. The company offers coverage in accident and health, casualty, property and structured programs, in addition to its specialty risk offerings. By bringing its specialty lines under one operational framework, Everest aims to streamline decision-making and foster more collaboration across underwriting teams.
The new international structure aligns with Everest’s approach in its reinsurance division, where the company recently formed a global specialties practice.
In early 2024, Everest Re appointed a global head to oversee reinsurance lines such as aviation, marine, cyber, engineering and parametric solutions.
Everest Group, headquartered in Bermuda, is part of the S&P 500. The company has operated for over five decades, with ongoing efforts to expand its global presence through a mix of disciplined underwriting and strategic investment. The unified specialty business is expected to support Everest’s continued growth in international insurance markets.
