Former Ace Bermuda boss appointed to chair an Everest board
Everest Insurance, the insurance division of Bermudian-based Everest Re Group Ltd, has appointed former Ace Bermuda boss Andrew Kendrick as non-executive chairman of the board of directors for Everest Insurance (Ireland) Dac, effective April 7.
Mr Kendrick will also serve as an adviser to Everest Insurance International as the company continues to advance its international growth strategy.
“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 multinational organisations, makes him a valuable addition to Everest’s European board of directors.”
The company said Mr Kendrick’s four-decade-long underwriting career spans executive leadership positions at some of the world’s 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.
Mr Kendrick was president and chief executive officer of Ace Bermuda before being appointed president and chief executive officer of Ace European Group in 2004.
He later served as president and chairman of Ace, where he oversaw the company’s acquisition of Chubb and its rebrand.
Everest said Mr 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 chairman.
Mr Kendrick also previously served as non-executive director of the Lloyd’s franchise board and is now chairman of Tysers Insurance brokers’ board.
“We are pleased to welcome Andrew to the European board,” said Juan C. 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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