01.11.2021 – 14:01
Omaha, Nebraska (ots/PRNewswire)
Experienced, former PartnerRe direct and facultative space team and Applied Underwriters combine to create a uniquely strong synergy
With the private sector expanding in the aerospace space, Applied Underwriters has teamed up with the former PartnerRe D&F Space team (direct and facultative) led by veteran Jon Lewis to create Applied Underwriters Aerospace. The new facility will be based in Washington, DC.
Applied Underwriters Aerospace benefits from PartnerRe’s well-established program, experienced insurance staff, and Applied’s “A” rated North American Casualty Company as the issuing company. Philippe Meyenhofer, CEO Specialty Lines at PartnerRe, said: “We are delighted that we have found a strong platform on which the D&F Space team can continue to operate and grow. PartnerRe remains committed to driving Applied’s business by providing Support treaty reinsurance and will examine future opportunities on a go-forward basis. “
Applied Underwriters Aerospace President, Jamie Sahara, said: “By combining the 25+ years of experience and knowledge that the newly formed, Having a consolidated team in the field, with the extensive research, analysis and marketing skills of Applied Underwriters and the strong reinsurance capital of PartnerRe, the prospects for agents and brokers and their clients seeking aerospace coverage are greatly improved and promoted. “
Steve Menzies, Chairman of Applied Underwriters, observed that the opportunity promises more than just product offerings: “We are proud to work with the professionals at PartnerRe and look forward to leveraging the new shared resources to draw new business and existing Renew business aggressively. “
Jon Lewis, executive vice president and head of Applied Underwriters Aerospace, said, “I am excited to join Applied Underwriters. The aerospace sector, which is currently in a growth mode, becomes the consolidated team, its talent, and that with it While continuing our traditional take-off and in-orbit guidelines, as part of Applied Underwriters we now have new coverings on the drawing board to meet the needs of the expanding aerospace sector. We look forward to the start and on to realize the path we have planned in the aerospace industry. “
Ryan Gerding, Public Relations, at +1 (913) 602-8531 or at [email protected], or the PartnerRe press contact: Celia Powell at +1 (441) 292-0888.
Information on Applied Underwriters (www.auw.com)
Applied Underwriters® is a global risk services company that helps businesses and people deal with uncertainty by providing business services as well as insurance and reinsurance solutions. As a company, Applied Underwriters distinguishes itself through its innovative approaches to customer service and its strong financial strength. Applied Underwriters operates across the US, UK, EU and the Middle East. The company’s headquarters are in Omaha, Nebraska.
Information about PartnerRe (www.partnerre.com)
PartnerRe Ltd. is a leading global reinsurer helping insurance companies reduce the volatility of their earnings, build capital, and grow their business through reinsurance solutions. The risks are written worldwide through the company’s three segments: property and casualty insurance, specialty insurance, and life and health insurance. For the year ended December 31, 2020, total revenues were $ 7.4 billion. As of June 30, 2021, total assets were $ 28.3 billion, total capital was $ 9.2 billion, and equity was $ 7.2 billion. PartnerRe has the following strong financial strength ratings: AM Best A + / Moody’s A1 / Standard & Poor’s A +.
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Original content by: Applied Underwriters, transmitted by news aktuell