Reinsurance News

Everest

Everest makes three leadership changes

22nd January 2021

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

Everest Insurance promotes Wu to VP, E&S Excess Casualty National Leader

11th November 2020

Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, Ltd., has promoted Edward Wu to the position of Vice President (VP), E&S Excess Casualty National Leader. Wu joined Everest earlier in 2020 as VP, West Coastal Regional Manager for E&S Excess Casualty, where he was responsible for the development and ... Read the full article

Everest targets smaller law firms via new program with Embroker

27th January 2020

Everest Insurance, a division of Bermuda-based insurer and reinsurer Everest Re Group, Ltd., has announced plans to offer an online Lawyers' Professional Liability program via a new partnership with insurance brokerage, Embroker. The new online program is for law firms with up to ten employed attorneys, and, through Embroker's digitized platform, ... Read the full article

Everest increasingly optimistic as market dislocation creates opportunity

6th November 2019

The global re/insurance industry would have hoped for a chance to regroup in 2019 following the volume of losses over the previous two years, but instead, further losses have driven additional market dislocation, which in turn creates opportunity, according to John Doucette, EVP, President and Chief Executive Officer (CEO) of ... Read the full article

Everest Insurance Ireland’s UK branch now fully operational

3rd October 2019

Everest Insurance (Ireland), DAC (EIID) has revealed that its UK branch is now fully operational and has the ability to write a variety of business lines. Established in 2017, EIID enables insurer and reinsurer Everest to continue operating throughout the EU post-Brexit, providing its clients with continuity. In April of this year, ... Read the full article

MPS, Everest & Asta to form Lloyd’s medical malpractice partnership

21st June 2019

The Medical Protection Society (MPS), an organisation that protects the careers, reputations and financial security of over 300,000 healthcare professionals, is partnering with global insurer Everest Insurance and Asta, the leading Lloyd’s third-party managing agency, to establish a Lloyd’s Special Purpose Arrangement (SPA). MPS says the move, set for a July ... Read the full article

Everest partnership expands marine workers’ comp

11th June 2019

Everest Insurance, a division of Bermuda-based reinsurer Everest Re, has partnered with All Risks in an effort to expand its marine industry workers’ compensation capabilities. Through this program, brokers will have access to workers’ compensation, United States Longshore & Harbor Workers (USL&H) and marine employers liability (MEL) on one policy in ... Read the full article

Everest adds Kathleen Boland as Director, Marketing & Distribution

6th March 2019

Everest Insurance, a division of global re/insurer Everest Re Group, has announced the appointment of Kathleen Boland as Director, Marketing & Distribution. Focusing on the Mid-Atlantic region, Boland will be based out of the firm’s Philadelphia office and report to Matt Murray, East Region Leader, Marketing & Distribution. She has over 15 ... Read the full article

Everest adds Ironshore’s Flaherty to retail property team

20th February 2019

Everest Insurance, a division of global insurer and reinsurer Everest Re Group, has added Kevin Flaherty to its retail property team in the U.S East region. Flaherty most recently served as an Assistant Vice President at Ironshore Insurance and before that a Senior Underwriting Specialist at Liberty International. This new role will ... Read the full article

Everest promotes Mike Karmilowicz & Dave Sandler to head of respective segments

28th September 2018

Everest Insurance, a division of global reinsurer Everest Re Group, has promoted both Mike Karmilowicz and Dave Sandler to President of their respective business segments effective immediately. Karmilowicz joined Everest in 2015 and leads Everest Specialty Underwriters, which currently comprises the Executive Solutions Group, Professional Liability, Alternative Solutions, Political Risk & ... Read the full article