Everest Reinsurance has announced the formation of a new global specialties business unit, an initiative which consolidates the company’s expertise in diverse areas such as aviation, marine, cyber, engineering, and parametric solutions.
Leading this new division is Phil Taylor (pictured above), appointed as head of global specialties, reporting directly to Jill Beggs, head of North America and global specialty reinsurance.
Taylor brings over 25 years of experience in the specialty insurance sector. Before his current role, he served as global head of aerospace for Everest Reinsurance.
According to LinkedIn, his prior experience also includes managing substantial aviation portfolios, notably at Liberty Specialty Markets. Taylor also held various positions at AXIS Re, including deputy unit head, and spent over a decade at Aon, most recently as a specialty lines broker.
“Since joining Everest, Phil has transformed our aviation portfolio into the market-leading practice it is today. I’m confident his strong leadership skills and global specialty expertise will elevate our position across all specialty lines,” said Beggs. “Phil is the definition of a high performing leader and I look forward to working with him and the team as we continue evolving our business to align with clients’ and brokers’ needs and deliver the exceptional service and value they deserve.”
In other recent developments, the reinsurer also announced the appointment of Mark Wallace as the head of its UK branch and chief underwriting officer.
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