Everest launches in Australia

Everest has officially launched its Australian insurance operations after receiving approval from the Australian Prudential Regulation Authority. The business will operate under the name Everest Insurance Australia with offices established in Sydney and Melbourne.

Christian Colombera, Managing Director, Australia and Head of the Pacific Region will lead the business alongside a team of best-in-class regional underwriters to serve the growing needs of corporations across the Australian market.

Everest will provide a range of products in the property, casualty, financial lines, professional lines, and energy and construction sectors.

“As we continue enhancing our global presence, we bring Everest’s customer-first model and decades of underwriting discipline and financial strength to address the unique and growing needs of the Australian market. We have assembled a deeply experienced team with a keen understanding of local market dynamics and the challenges facing businesses demanding the capacity and expertise across a wide range of insurance needs that Everest will deliver.” – Christian Colombera.

“Australia is a top-ten global insurance market ripe for Everest’s agile and entrepreneurial approach to risk. Australian clients and brokers need Everest’s financial support, top industry talent and broad suite of specialty products and capabilities.” – Scott Leney, Head of Asia Pacific, Everest Insurance International.

“Our disciplined expansion strategy positions Everest as a preferred market leader, bringing the full strength of Everest resources to key regions like Australia and globally.” – Jason Keen, co-lead of Everest Insurance International.