Reinsurance News

Everest makes three leadership changes

22nd January 2021 - Author: Katie Baker

Bermuda-based reinsurer Everest Re has made three new appointments within its Distribution, Specialty Casualty and Everest Specialty Underwriters units.

everest insuranceMarcus Cooper has been appointed Head of Distribution for Everest North America.

He will be based in Chicago and will report to Mike Karmilowicz, President of Everest.

He joins from Liberty Mutual where he served as Division President for the Midwest Region.

Prior to working at Liberty Mutual, Cooper worked at Zurich for 12 years as the Head of Middle Markets in Zurich’s Commercial Insurance, Middle Market Division.

Michael Finnegan has been named Head of E&S Casualty, he is based in the company’s Stamford office and reports directly to Connie Germano, President of Specialty Casualty, Everest.

In this role, he will be responsible for leading E&S Primary Casualty, E&S Excess Casualty, and Environmental.

Finnegan joins Everest from Ironshore where he most recently served as President of the Specialty Casualty Division.

Charlie Higham has been named Head of Management and Professional Lines. He is based in the company’s New York City office and reports to Rob Clark, Senior Vice President and Head of ESU.

He has been with Everest for five years and most recently served as Vice President, Head of Financial Institutions.

Mike Karmilowicz commented: “Marcus’ diverse industry experience including business development, underwriting and risk management, will be integral to the continued growth of our North American insurance operation.

“I am confident that Marcus will drive our trading partner relationships and take   our distribution strategy to the next level.”

Connie Germano said: “Michael joins Everest with a deep and varied skill set in casualty. His varied background in both re/insurance and visibility in the wholesale broker community will be a valued addition to Everest Insurance and our expansion efforts within the wholesale distribution space.”

Rob Clark added: “Charlie has been working in the management and professional liability space for over 20 years.

“His comprehensive expertise in addition to the successful management of our Financial Institutions portfolio has made him the natural choice for this role. I look forward to where Charlie will take our Professional and Management Liability business in 2021 and beyond.”

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