New York, NY – February 28, 2018 – Everest Underwriting Partners, a unit of Everest Insurance®, today announced its existing Forest & Logging program with leading underwriting manager, Victor O. Schinnerer & Company, has expanded to include inland marine coverage.
“Logging clients have been asking us for an inland marine solution to protect their equipment from fire, theft, rollovers and other hazards. We’re excited to now offer them this important coverage as part of our package for loggers,” said Steve Falecki, vice president of Schinnerer’s Forest & Logging underwriting unit.
The inland marine coverage rounds out the Forest & Logging program’s other insurance offerings including loggers broad form property damage, commercial auto, and general liability for clients involved in logging, log hauling and chipping. Inland marine coverage is will be available in all states except NY on an admitted basis.
Commenting on the expansion, Brian Drum, head of Everest Underwriting Partners, said: “We are pleased to work with Schinnerer to offer this additional coverage to meet the complex needs of those in the forest and logging industry.”
Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest Reinsurance Company (Ireland), dac. provides reinsurance to non-life insurers in Europe. Everest Insurance® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted basis in the U.S. and internationally. The Company also operates within the Lloyd's insurance market through Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestre.com.
About Victor O. Schinnerer & Company
Victor O. Schinnerer & Company, Inc. is one of the largest and most experienced underwriting managers of specialty insurance programs in the world. Schinnerer now serves more than 46,000 insureds in various specialty industries through independent insurance agents and brokers. Learn more at www.schinnerer.com.