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Everest Insurance Enters The Spanish Market

Things To Know About Everest Re Group –

Everest Re Group is public company headquartered in Warren, it is a leading global provider of reinsurance and insurance, operating for nearly 50 years through subsidiaries in the US, Europe, Singapore, Canada, Bermuda, and other regions. The company provides casualty, property and specialty products  through it’s operating offices located all around the world.

The Spain branch of the company is headquartered in Madrid, with another office opening in Barcelona, and operations of the firm are led by José Ramón Morales, who is the head of Spain. This branch  offers a bespoke range of insurance products and risk solutions for key sectors including property, casualty, medical malpractice, financial lines, energy and construction, accident and health, and cyber shield to it’s customers.

On the opening of the Spanish branch, the leading member, Morales, said that, “The Spanish market is quite sophisticated with a wide range of market exposures that require niche solutions Everest is well positioned to deliver. We are entering Spain with a depth and breadth of innovative product offerings along with a high caliber of underwriters with a deep understanding of the local market’s needs, empowered to provide superior service to our clients and brokers.”

As per the reports, announcement is also done regarding Everest’s primary insurance operations openings in France and Germany as well as its entrance into the Latin American and Asia Pacific markets globally.

What Are The Views Of Leading Members Of The Firm On This –Vincent Vandendael, CEO of Everest Global Markets, added, “Building on 50 years of financial strength, our deep expertise, speed to market, and customer-first approach enables us to bring our world-class services and additional capacity to the Spanish market.”

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