Reinsurance News

Everest Re sets up Private Company/ Not-for-Profit business segment

15th November 2017 - Author: Staff Writer

Everest Re has set up a Private Company/ Not-for-Profit business segment (Private/NFP) in the Everest Specialty Underwriters unit of Everest Insurance, to compliment its expanding Financial Lines division.

The Private/NFP team will target small, middle and large Private/Not-for-Profit firms and organisations on a primary and excess basis, delivering innovative solutions across many industries.

Salvatore Collura will join Everest Insurance to head up the new business segment as Vice President and National Practice Leader of ESU’s Private/Not-For Profit business segment.

In addition to overseeing the Private/NFP underwriting operations, Collura will be heavily involved in expanding this offering across the country, leveraging the existing Everest Insurance footprint.

“We are excited to have Sal join our team and lead this new business segment,” said Keith Lavigne, Head of Management and Professional Liability at Everest Insurance; “Everest is committed to providing innovative products and superior customer service to its customers and trading partners every day.

Liberty Mutual Reinsurance

“I’ve known Sal for many years and I am confident that his leadership skills, strong relationships and technical acumen will enable Everest to successfully grow and strengthen its financial lines portfolio.”

Collura served most recently at Chubb, where he acted as Vice President in the Financial Lines division, responsible for managing and overseeing the underwriting operations of Chubb’s New York Regional Private and Not-for-Profit Group.

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