Everest Re has named former Axis Re underwriter Markus Heizmann as head of its Zurich-based credit and surety operation.
In his new role, he will work alongside head of financial products Laurent Arnould to further develop the worldwide trade credit reinsurance business, and the surety and political risks business outside the US, Canada and Latin America.
Heizmann joins from Axis Re, where he was most recently a senior credit and surety underwriter. Before that, he spent nearly 14 years at PartnerRe.
Stephan Knipper, managing director of Everest Re Continental Europe, said: "Markus is a perfect fit with his broad product knowledge and his leadership capability in the trade credit and surety business."
Meanwhile, Andrew Carrier, head of Everest Re's European operations, added: "Hiring Markus as the head of trade credit and surety is another important cornerstone of our concept to build out Everest Re Europe as one of the key reinsurance hubs for financial products within the Everest Reinsurance Group."