HAMILTON, Bermuda--(BUSINESS WIRE)--Jan. 26, 2016--
Everest Re Group, Ltd. (NYSE: RE) announces the appointment of Bill
Thygeson to the position of Chief Administration Officer of Everest
Insurance reporting directly to Jonathan Zaffino, President. He is
responsible for several facets of the Company’s operational platform
with a core focus on technology and its impact on our business processes
for underwriting and claims, and will also assume a variety of
administrative functions.
Bill joined Everest Insurance with more than 20 years of U.S. and
international experience in business development, operating management,
strategic planning, and transformational leadership. Most recently, Bill
served as Chief Operating Officer for Hamilton Insurance, where he
oversaw the build out of the U.S. insurance platform and had direct
responsibility for a variety of operational and administrative
functions. Prior to Hamilton, Bill spent a decade working for AIG in
similar operational capacities and began his career in the banking
industry. He is a graduate of Lafayette College, received his MBA from
the Wharton School at the University of Pennsylvania, and proudly served
in the US Air Force as an intelligence officer.
Jonathan Zaffino, President of Everest Insurance, commented, “As we
continue to expand our insurance operations, in both size and
complexity, we need to ensure that our operational infrastructure keeps
pace with the trajectory of our underwriting portfolio. During 2015, we
introduced a number of new products and launched several new business
lines and we will continue to innovate into 2016. Bill’s background is
uniquely qualified to lead our operational transformation initiatives
focused on building best-in-class support capabilities for our growing
business.”
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. Mt. Logan Re, a segregated
cell company, capitalized by the Company and third party investors, is a
specialty reinsurer of catastrophe risks. 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. Additional
information on Everest Re Group companies can be found at the Group’s
web site at www.everestregroup.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160126006250/en/
Source: Everest Re Group, Ltd.
Everest Global Services, Inc.
Elizabeth B. Farrell, 908-604-3169
Vice
President, Investor Relations