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Everest Re Group Ltd.

04/06/2021 | Press release | Distributed by Public on 04/06/2021 10:15

Everest Insurance® Names Michael Cipolla Head of Excess & Surplus Primary Casualty, Underscoring Commitment to Wholesale Market

WARREN, NEW JERSEY - April 6, 2021 - Everest Insurance® announced today that Michael Cipolla has been named head of the company's Excess & Surplus (E&S) Primary Casualty unit. He will be responsible for developing the product portfolio and leading the continued growth of primary casualty business in the wholesale space. Michael will continue to be based in the company's Atlanta office, reporting to Michael Finnegan, Head of E&S Casualty.

Michael Cipolla has been with Everest for almost five years and most recently served as Vice President, E&S Casualty, where he led the expansion of the wholesale portfolio in the Southeast region.

Michael Finnegan commented, 'Michael's appointment further demonstrates Everest's continued investment and commitment to the wholesale market. Everest has successfully operated in the E&S space for over two decades and in that time, our E&S team has fostered meaningful relationships with our wholesale trading partners, supported by deep domain expertise, a solid balance sheet and a strong track record of claims paying experience. We continue to invest in our people, process and products to deliver customized solutions for our trading partners in a fast and efficient manner.'

'Michael has a proven track record of building a profitable franchise. He is a diligent contributor and a natural leader,' Michael Finnegan added. 'I look forward to partnering with him to grow our presence in the auto and general liability markets alongside our wholesale distribution partners.'

About Everest Re Group, Ltd.

Everest Re Group, Ltd. ('Everest') is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.

Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.

Everest common stock (NYSE:RE) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website atwww.everestre.com. All issuing companies may not do business in all jurisdictions.