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HAMILTON, Bermuda – November 26, 2024 – Everest today announced its expansion into the Italian market, following regulatory approval to operate in Italy, trading as Everest Insurance (Ireland) DAC, Succursale Italiana. Headquartered in Milan, the operations are currently led by José Ramón Morales, Head of Southern Europe, Everest Insurance International®.
“Italy is among Europe’s largest economies, and a key market as we continue to scale throughout the continent,” said Véronique Brionne, Senior Vice President, Head of Europe, Everest Insurance International®. “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.”
Everest’s empowered local teams and offerings across property, casualty, financial lines, energy and construction, accident and health, cyber, marine and aviation are poised to help businesses navigate the complexities of the global risk environment.
The launch in Italy follows Everest’s recent expansion into other key international markets, including Australia, Colombia and Mexico.
"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," said Adam Clifford, co-lead of Everest Insurance International®. “I look forward to working with our exceptional local team to meet the distinct needs of Italian brokers and clients."
About Everest
Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.
Everest common stock (NYSE: EG) is a component of the S&P 500 index.
Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.