Reinsurance News

Lyft appoints reinsurance veteran Jill Beggs to serve as a member of the Board

5th January 2024 - Author: Jack Willard -

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The Board of Directors at Lyft Inc., have appointed reinsurance veteran, Jill Beggs to serve as a member of the Board, effective immediately, serving as a Class III director with a term of office expiring at the Company’s 2025 Annual Meeting of Stockholders.

At the same time, Beggs has also been appointed as a member of the Audit Committee of the Board, effective immediately.

Lyft is a rideshare provider company that offers mobility as a service, ride-hailing, vehicles for hire, and much more across, the United States and select cities in Canada.

In a statement released by Lyft, the company noted that Beggs was selected to serve on the Board because of her significant operating experience in insurance.

Since November 2021, Beggs has served as the Senior Vice President and Head of North America Reinsurance at Everest Group, Ltd., a global provider of reinsurance and insurance solutions.

In her role, she leads treaty reinsurance for the US, Canada and Bermuda including property, casualty, surety,
ocean marine, aviation, crop and mortgage lines of business.

Throughout her distinguished career, she has served in a variety of leadership roles, including a stint at reinsurance giant Munich Re, where she most recently served as President of Excess & Surplus Lines for Munich Re Specialty Insurance.

In addition, Beggs is also a Chartered Property and Casualty Underwriter (CPCU) and earned the Associate in Reinsurance (ARe) designation.

As well as this, she is also a member of the Association of Professional Insurance Women (APIW) and the Central NJ Chapter of the CPCU.