Bermuda-based insurer and reinsurer, Everest Group, Ltd., has named Jill Beggs as the new Chief Operating Officer (COO) of its reinsurance arm, with Jiten Voralia taking over as Reinsurance Head of North America Treaty, effective immediately.
Beggs spent the first decade of her underwriting career at Everest, and joined Munich Re in 2002 where she worked for 20 years in various roles, before rejoining Everest in 2021 as Senior Vice President and Head of North America Reinsurance.
Most recently, she served as Everest’s Head of North America Reinsurance and Global Specialty Reinsurance, where she drove the portfolio’s profitable expansion and key global growth initiatives.
In her new role as Reinsurance Executive Vice President and COO, Beggs will be tasked with managing the profitable growth of the division’s worldwide portfolio, including Global Treaty, Facultative, Specialty reinsurance, and Mt. Logan.
She will continue to report to Jim Williamson, Everest Group COO and Head of Reinsurance.
“Jill is a consummate leader whose deep experience and collaborative approach have consistently raised the bar for both the reinsurance market and Everest’s business,” said Williamson. “Along with our outstanding leadership team, I look forward to working with Jill in her expanded role as we further strengthen our preferred lead market position and continue to deliver on our strategic objectives.”
At the same time, Everest has promoted Voralia, currently Head of Treaty Casualty & Surety, to Reinsurance Head of North America Treaty, where he will lead the unit’s treaty reinsurance business across the US, Bermuda, and Canada, reporting to Beggs. Until a successor is named, Voralia will continue to lead the reinsurance division’s North America Treaty Casualty business.
Voralia joined Everest in 2022 with more than two decades of industry experience, having previously held numerous domestic and global leadership roles at Swiss Re, most recently as Head of U.S. Globals Casualty Treaty Underwriting.
Juan Andrade, Everest President and CEO, said: “Jill and Jiten embody the collaborative, high-performing culture that distinguishes Everest in the market and makes us home to the industry’s best talent.
“Their well-deserved promotions are a testament to the strength of Everest’s leadership team and success of our reinsurance business, which continues to deliver vital protection and exceptional value to our stakeholders.”
