Everest Insurance, the insurance arm of Bermuda-based re/insurer Everest Group, has promoted Harry Townsend to Chief Ceded Reinsurance Officer, leading the Ceded Re strategy for the global division.
Townsend joined Everest in January 2024 as Head of Ceded Reinsurance, International.
Before this, he worked at Liberty Mutual Insurance, serving as Global Reinsurance Casualty Division Manager.
During his decade-long tenure at Liberty, Townsend worked in a variety of roles with increasing responsibility focused on underwriting, Casualty and Specialty Reinsurance purchasing and portfolio management.
In his new role at Everest, He will be based in London, reporting to Mark Maritzen, Everest Insurance Global Chief Underwriting Officer, who commented, “Harry has established a standard of operational excellence across our International Ceded Re business, bringing an even greater level of engagement with reinsurers.
“Everest is focused on deepening our commitment to our global reinsurance partners, and Harry brings both a strong network of relationships and business acumen that will help us expand those partnerships.”
