New chairman also announced
reinsurance
Written by Kenneth Arauro
Everest Group has announced the promotion of Jim Williamson to Director of Reinsurance and Insurance Operations.
Mr. Williamson currently serves as Executive Vice President, Group Chief Operating Officer and Head of Reinsurance at Everest. In his new, broader role, Williamson will also oversee the insurance division and work closely with Jill Beggs, newly appointed chief operating officer of reinsurance, and other global insurance leaders within Everest. It turns out.
Prior to joining Everest, Williamson held various senior positions at leading global insurance companies including Chubb, ACE, The Hartford, and Bain & Company.
“I look forward to working with my reinsurance and insurance colleagues in this capacity as we continue to drive Everest’s strong culture of operational excellence and deliver superior financial returns to our shareholders,” said Williamson. said.
Everest President and CEO Juan C. Andrade praised Mr. Williamson's comprehensive expertise and leadership qualities.
“Jim is an excellent executive, a well-rounded executive, and the perfect underwriter with a track record of building best-in-class businesses,” Andrade said. He also recognized the important role Mr. Williamson has played in Everest's evolution into a globally recognized company and the indemnity position that is perfectly suited to take Everest's global portfolio to the next stage. Emphasized experience.
New Chairman of Global Insurance
In addition to Mr. Williamson's promotion, Everest has appointed Mike Karmilowitz as Chairman of Everest Global Insurance. In this capacity, Mr. Kalmilowitz will spearhead Everest's global insurance strategy and oversee key strategic initiatives. He will continue to report directly to Andrade.
Mr. Kalmilovic expressed his enthusiasm for the role, noting Everest Insurance's promising future and commitment to advancing the company's mission and global strategy.
Mr. Andrade expressed confidence in Mr. Kalmilovic's new role and highlighted his significant contribution to the formation of Everest's flagship insurance business and the expansion of its capabilities, particularly in North America.
“Mike's industry experience and skills, combined with Jim's global expertise, will be invaluable as we continue to build a leading, highly profitable global insurance company.” Andrade said.
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