Everest Insurance™ Announces Head of Professional Liability

Everest Re Group, Ltd. (NYSE: RE) announces Don Allard has joined Everest Insurance™ as Head of Professional Liability, a segment of Everest Specialty Underwriters.

HAMILTON, Bermuda – October 21, 2016 -- Everest Re Group, Ltd. (NYSE: RE) announces Don Allard has joined Everest Insurance™ as Head of Professional Liability, a segment of Everest Specialty Underwriters. The Everest Professional Liability group will target professional liability and commercial errors and omissions insurance across a wide spectrum of clients and professional products. Everest offers a full product suite of professional liability, including Architects & Engineers, Lawyers Professional, and Miscellaneous Professional Liability, all offered through appointed agents and brokers nationwide. Coverage will be offered on both a primary and excess basis, as well as on both an admitted and non-admitted basis.

Don joins Everest Insurance™ from QBE where he served as Senior Vice President, Head of Specialty Programs. While at QBE, Don was responsible for a program portfolio that included professional liability products for Realtors, Accountants, Insurance Agents, and Public Entities. He brings 32 years of insurance experience, including ten years as Chief Underwriting Officer, Select Professional division of XL Catlin, and three years as Senior Vice President at Kemper Professional. In addition to his underwriting experience, Don has spent 11 years in various claims and legal roles throughout his career.

Mike Karmilowicz, Head of Everest Specialty Underwriters, commented on the addition, "We are pleased to bring someone with Don’s skillset, background, and reputation into the organization. Don’s a well-regarded figure in the space as well as a sound underwriting technician with experience building and leading outstanding teams. Under Don’s leadership we anticipate significant growth in the professional liability portfolio in the coming years."

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 National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada. 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.