Paul Sanders has joined Everest Insurance as head of its European credit and political risk insurance team.

He makes the move from Aspen Insurance, where he previously led the credit and political risk business. He has over 20 years of experience in the London market as a broker, underwriter and manager.

Based in London, Sanders will provide credit and political risk solutions to European-based customers in conjunction with Everest Insurance’s Ireland-based underwriting platform, Everest Insurance Ireland.

Commenting on the announcement, Jim Thomas, head of credit and political risk at Everest Insurance, who joined the company to set up its new credit and political division in 2016, says: “The addition of a highly respected and experienced professional such as Paul furthers our mission of building a leading global credit and political risk business. Paul brings a wealth of technical underwriting expertise and proven success as a manager, and he will allow us to better serve the needs of our customers throughout Europe.”