EVEREST GROUP LTD
45 Reid Street
Hamilton HM 19, Bermuda
CONTACT
Elizabeth B. Farrell
Vice President, Investor Relations
(908) 604-3166
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HAMILTON, Bermuda – July 13, 2017 - Everest Re Group, Ltd. (NYSE: RE) has announced that Brian Farr has been named leader of the Environmental unit within Everest Insurance®. Based in Everest’s Liberty Corner, NJ, office, Brian is charged with expanding the Everest Insurance® Environmental product breadth, appetite, and distribution footprint in North America.Brian initially joined Everest in November 2015 as Vice President in the corporate underwriting department from Aspen Insurance, where he oversaw casualty and environmental underwriting in Aspen’s U.S. headquarters in New York City.
Commenting on Brian’s new role, Connie Germano, head of Everest Insurance® Specialty Casualty stated, “Brian has over 25 years of underwriting and national management experience with an emphasis on national and middle market casualty and environmental products. His prior experience, serving as a national product manager with AIG, ACE, and Aspen, and his track record of building effective underwriting teams, will be of tremendous value to us at Everest as we look to grow in this critical area.”
Everest Insurance® also announces the hiring of Sean McVay as Vice President and Environmental Monoline Products Leader, based in the San Francisco Bay Area. Sean, who reports to Brian Farr, will be responsible for implementing and growing the monoline pollution products segment for Everest Insurance®. Prior to joining Everest, Sean held roles of increasing responsibility with Navigators, AXIS and ACE USA, focusing on environmental underwriting and management. Sean began his career in Seattle working for Marsh and AIG, and he holds a B.S. in Environmental Engineering Technology from the University of Dayton.
Commenting on Sean’s hire, Brian Farr stated, “Sean’s 21 years of diverse experience in both insurance brokerage, and underwriting, coupled with his strong broker relationships, will provide balance and depth to the expanded appetite of Everest Insurance® Environmental. We’re very excited to have him join the team.”
Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest Reinsurance Company (Ireland), Limited provides reinsurance to non-life insurers in Europe. Everest Insurance® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted basis in the U.S. and internationally. The Company also operates within the Lloyd's insurance market through Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.