Everest Insurance, a division of Bermuda-based insurer and reinsurer Everest Re Group, Ltd., has appointed Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets.
The re/insurer’s Global Markets unit includes Everest Insurance Ireland, DAC, and Lloyd’s of London Syndicate 2786.
Patel brings over a decade of industry experience to the company, all in the transactional risk, M&A, and underwriting arena. He most recently served as an M&A Manager at AIG Europe Limited, AIG UK Limited, and AIG Europe S.A.
Prior to AIG, Patel worked at Hyperion Insurance Group Limited as a Legal Counsel, and has also previously held an Associate, Trainee Solicitor and Paralegal position at Berwin Leighton Paisner LLP.
Head of Financial Lines at Everest Global Markets, Christian Colombera, said: “Everest Global Markets continued to expand our Financial Lines capabilities, and Sujal’s ten plus years of transactional risk and M&A experience, coupled with his underwriting talent, make him the right person to lead our growth in that space.”
Robert Clark, Global Head, Alternative Solutions Group at Everest Insurance, added: “The addition of Sujal to our Global Transactional Risk team is a significant next step as we continue to build our global capabilities. This enhances our ability to meet the needs of our clients, especially given the cross border nature of their businesses. I am excited to have someone of Sujal’s experience joining the team.”