Everest Insurance is taking a significant step forward in its international expansion by establishing its presence in the Italian market with the launch of Everest Insurance (Ireland) DAC, Succursale Italiana, headquartered in Milan. This move highlights Everest’s dedication to strengthening its global footprint and offering comprehensive, tailored insurance solutions to meet both local and global needs. The Italian branch will be led by José Ramón Morales, Head of Southern Europe for Everest Insurance International. The local teams will offer an extensive range of insurance products including accident and health, aviation, casualty, cyber, energy and construction, financial lines, marine, and property.
This strategic expansion into Italy is part of Everest’s broader international growth strategy and comes after recent entries into markets such as Australia, Colombia, and Mexico. Italy, being one of Europe’s largest economies, presents a pivotal market for Everest’s continental growth ambitions. Véronique Brionne, Senior Vice President, Head of Europe for Everest Insurance, emphasized the significance of Italy and the company’s commitment to bringing localized expertise, tailored risk solutions, and superior service to evolving Italian business needs.
Adam Clifford, co-head of Everest Insurance International, articulated that the combination of Everest’s global strength and local expertise uniquely positions the company to fill existing gaps in the Italian insurance market. He expressed enthusiasm to work with local teams to deliver bespoke solutions and forge long-lasting partnerships with Italian brokers and clients. This endeavor underscores Everest Insurance’s ongoing commitment to expanding its international presence and addressing regional market-specific demands with precision and expertise, setting the stage for potential transformation in the Italian insurance sector.