HAMILTON, Bermuda--(BUSINESS WIRE)--Jun. 14, 2016--
Everest Re Group, Ltd. (NYSE:RE) announced today that Marty Scherzer has
joined the Group as Head of its Structured Solutions Unit, based in the
New York office. He will be responsible for the structured solution
capabilities across the Everest Group.
Marty joins Everest with more than 30 years of industry experience, most
recently as President of AIG’s Alternative Risk Solutions unit. At AIG,
he spent more than 14 years in a variety of non-traditional areas,
including senior management positions in Risk Finance, Global Risk
Solutions, Multinational, and Alternative Risk Solutions. Prior to
joining AIG, Marty worked at Marsh & McLennan Companies where he was
Managing Director and Head of Origination and Structuring in the
Enterprise Risk division. He began his career at Johnson & Higgins as a
risk management consultant and alternative risk broker.
John Doucette, President and CEO of Everest’s Reinsurance Division,
commented, “We are thrilled to have Marty join the Everest team to
continue the development of our structured risk capabilities for our
brokers and clients. With his extensive senior leadership experience and
proven business development track record in the non-traditional markets,
he will have an immediate impact on the organization. We look forward to
expanding the breadth and depth of our product offerings, in particular
for those clients seeking innovative solutions for their more complex
risks.”
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160614006065/en/
Source: Everest Re Group, Ltd.
Everest Global Services, Inc.
Elizabeth B. Farrell, 908-604-3169
Vice
President, Investor Relations