Everest Insurance International Consolidates Specialty Operations
Everest Insurance International has consolidated its specialty insurance operations into a single business unit, bringing together various lines across marine, aviation, energy & construction, cyber, and industry practices under the leadership of Paul Trueman.
Paul Trueman, who joined Everest in 2022 as head of aviation, has been appointed to oversee this new consolidated unit. With over 20 years of industry experience, including senior roles with global insurers in London and the Asia-Pacific region, Trueman has contributed significantly to expanding Everest’s footprint in aviation and enhancing its underwriting performance across specialty classes.
“We’re 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 at Everest. Trueman’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 the company’s market position.
The consolidated specialty insurance business spans more than 115 countries and includes a mix of commercial and specialty lines, offering coverage in accident and health, casualty, property, and structured programs, in addition to specialty risk offerings. By bringing these lines under one operational framework, Everest aims to streamline decision-making and foster more collaboration across underwriting teams.
This 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 and part of the S&P 500, has operated for over five decades with ongoing efforts to expand its global presence through disciplined underwriting and strategic investment. The unified specialty business is expected to support Everest’s continued growth in international insurance markets.
