Log In

Reset Password

Everest launches insurance operations in Australia

First Prev 1 2 Next Last
Christian Colombera, managing director, Australia and head of the Pacific region, Everest (Photograph supplied)

Bermudian-based Everest has officially launched its Australian insurance operations after receiving approval from the Australian Prudential Regulation Authority.

The business will operate under the name Everest Insurance Australia, with offices established in Sydney and Melbourne.

Christian Colombera, managing director, Australia and head of the Pacific region, will lead the business alongside a team of regional underwriters to serve the growing needs of corporations across the Australian market.

“As we continue enhancing our global presence, we bring Everest’s customer-first model and decades of underwriting discipline and financial strength to address the unique and growing needs of the Australian market,” said Mr Colombera.

“We have assembled a deeply experienced team with a keen understanding of local market dynamics and the challenges facing businesses demanding the capacity and expertise across a wide range of insurance needs that Everest will deliver.”

Everest said its breadth of bespoke insurance products will help fill a crucial void for tailored risk solutions in the property, casualty, financial lines, professional lines, and energy and construction sectors with the speed and agility required in today’s insurance landscape.

Scott Leney, head of Asia Pacific, Everest Insurance International, said: “Australia is a top-ten global insurance market ripe for Everest’s agile and entrepreneurial approach to risk. Australian clients and brokers need Everest’s financial support, top industry talent and broad suite of specialty products and capabilities.”

Scott Leney, head of Asia Pacific, Everest Insurance International (Photograph supplied)

You must be Registered or to post comment or to vote.

Published May 15, 2024 at 3:41 pm (Updated May 15, 2024 at 8:07 pm)

Everest launches insurance operations in Australia

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon