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Source: AmTrust
24 September 2019Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.

The new business unit will write excess liability, both supported and unsupported in all 50 US states, offering limits up to $25 million to small and medium-sized US companies spanning a broad range of industries including manufacturing, contracting, habitational, hospitality, commercial real estate owners and operators, retail stores and wholesale distributors.

Lynn most recently served as VP, excess casualty manager at Everest Re, responsible for leading a team of underwriters in the company’s Western region with a focus on construction, agriculture, energy and general casualty business.

Prior to joining Everest, Lynn worked with Ironshore Insurance Services, where he managed a territory and underwrote the construction, transportation, energy, public entity sectors and a specialty casualty business, utilising filed and manuscript forms. Previously, he has held positions of increasing responsibility at The Hartford, Swiss Reinsurance, AIG and Aon.

“We are pleased to formally announce the launch of our Excess Casualty team, further expanding the company’s specialty focus and reflects our continued commitment to broadening the products and services that we are able to provide to our brokers,” said David Lewis, president, AmTrust E&S Insurance Services. “The timely launch of the new platform comes as the market continues to see disruption from redeployment of limits, reduction in capacity and price increases, presenting a strong growth opportunity for the company and our trading partners.”

Duffy Koller, executive vice president and member of AmTrust E&S board of directors, said: “We are delighted to announce that an individual of Jeff’s quality, experience and reputation is joining our organisation to lead the Excess team. We have absolute confidence in Jeff as we look to build out this division in terms of both headcount and gross premiums written.”

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