CARMEL, Indiana – April 9, 2018 – Specialty Insurance Group (SIG), a unit of Everest Insurance® and a member of the Everest Re Group companies, announced today the release of an online portal for brokers and clients to obtain immediate liability coverage for special events.
David Harris, Head of Everest’s Specialty Insurance Group said of the launch, “The SIG special event, portal-driven program is the first in a series of offerings that will be released in the coming months. The state of the art portal will be a way for our customers to receive quotes and binders, and pay their premiums online. It is part of an effort to make the insurance purchasing process for special events as efficient as possible for our clients.”
The SIG special event portal will enable brokers to secure instant liability coverage for events such as concerts, conferences, garden shows, and festivals. Coverage is provided through Everest National Insurance Company, an A.M. Best rated “A+, XV” insurer. Brokers who are interested in participating in the SIG special event portal program must be approved as a SIG portal producer.
Jonathan Zaffino, President and CEO of Everest Insurance®, said, “We are excited for the formal launch of SIG’s special event insurance portal. This is an important step for Everest as we continue to leverage our multi-dimensional distribution platform focused on ease of use and efficiency of the transaction. The growing Everlink® platform is one of many tools we will be utilizing to achieve that objective. We will continue to expand this effective method of distribution throughout Everest in the coming months.”
Specialty Insurance Group is a member company of Everest Re Group, Ltd. 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. 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 National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada. The Company also operates within the Lloyd's insurance market through Syndicate 2786 and in Dublin via Everest Insurance (Ireland), dac. 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.