Everest Insurance, a division of Bermuda-based insurer and reinsurer Everest Re Group, has announced the appointment of Mike Hoffmann as Head of Risk & Ceded Reinsurance.
In this newly created role, Hoffman will lead a team with responsibility for all aspects of the global ceded reinsurance strategy for the Insurance Division.
Based in the company’s Bermuda office, he will also be responsible for Risk Management within the Insurance Division, as part of the Group Enterprise Risk Management structure.
Hoffman joins Everest after 15 years with Allied World Assurance, where he most recently served as Global Insurance Chief Underwriting Officer.
Prior to Allied World, he spent 14 years with Chubb in a variety of roles in the US and Bermuda.
Going forward, Hoffman will report into Mike Mulray, Chief Operating Officer and Chief Underwriting Officer, Everest Insurance.
“Talent remains core to the Everest strategy and adding someone of Mike’s caliber in such a critical role will continue to propel us forward on our mission of delivering consistent underwriting profitability,” said Mulray.
“With three decades of industry experience, Mike has a proven track record of strong execution, portfolio management, and driving results.”