Everest expands in accident and health insurance market

Everest Insurance, the insurance division of Bermuda-based Everest Re Group, has expanded into the group personal accident and health insurance market with the launch of a new suite of group personal accident insurance products.

The new products include customised protection for schools, youth sports, associations, and volunteer organisations.

Everest said its expanded accident and health offerings complement its existing broad portfolio of property, casualty, and specialty coverage.

Ed Ramos (pictured), vice president of product development & management, Everest Accident and Health, said: “Organisations managing group activities, including sports, volunteering or after-school programmes require financial protection and the ability to provide proper care for their members in the event of an accident. Everest’s expanded offerings now provide this cover to schools, youth sports, associations, and volunteer organisations who are in need.”

He added: “Building on more than 25 years of accident and health experience, Everest’s new suite of specialised group personal accident products brings a robust range of coverages and benefits not consistently available in the marketplace and provides peace of mind so participant groups can focus on their mission of education or giving back to their communities.”

Lou Monteagudo, senior vice president, Everest Accident and Health, noted: “For nearly three decades, Everest has provided reinsurance capacity and support to the accident and health market, demonstrating our product expertise, financial strength and creativity in providing solutions.

“Building on our deep expertise, we are now expanding our primary insurance solutions in the accident and health market, providing our valued distribution partners with a new carrier of choice to meet their client’s group personal accident insurance needs.”

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