New structure supports ambitious goals in non-life insurance markets across four key regions
insurance news
Written by Kenneth Arauro
Everest Insurance announced the strategic realignment of its retail operations into four distinct regions within the United States (Northeast, South, Central and West) and the appointment of four individuals to its board of directors.
The company says this strengthens its customer-focused approach and supports its goal of becoming one of the world's leading property and casualty insurance companies.
As part of this strategic shift, Everest has strengthened its leadership team within North America by appointing new regional executives to lead each of its four areas.
- Craig Hanrahan Serves as regional executive for the Northeast region of the United States. Mr. Hanrahan comes from Chubb, where he was executive vice president of large accounts, and has held positions at Marsh and his AIG, giving him more than 30 years of experience in the industry. His extensive background positions him to drive growth in the North East.
- Marissa Jennings has been appointed regional executive for the Southern United States region. She joins Everest from Zurich Insurance Group, where she led strategic growth efforts for the Southeast region. Jennings' previous experience includes key roles at Hartford Insurance Group and Progressive, which gave her significant insight into the Southern market.
- marcus cooperPreviously, he was the sales director for Everest Insurance North America and is now the regional director for the Central United States region. Mr. Cooper joins Everest in 2021, and his 20-year career includes leadership positions at Liberty Mutual, AIG and Zurich North America. His extensive experience will help lead the company's growth initiatives across the Midwest states.
- Michael Cerulla He assumed the position of regional executive for the Western United States region. Prior to this role, Mr. Cellura served as Head of International Facultative Reinsurance at Everest, and at Chubb he has more than 15 years of experience in various leadership positions, including executive positions in Northern California. His background in insurance underwriting and operations will help drive growth in the Western states.
read more: Everest Reports First Quarter Results
Mike Murray, president of Everest Insurance North America, explained the rationale for the restructuring.
“Continued growth requires deeper relationships that instill confidence through engagement and accountability,” Murray said.
He emphasized that the new structure will allow regionally focused teams to improve access to the company's services and expertise, and improve customer service overall.
“Bringing decades of industry expertise and region-specific experience, these seasoned leaders position Everest to meet customers where they are, penetrate deep into each market, and drive continued growth. ,” he said.
Mr. Murray also emphasized that this strategic realignment not only brings the company closer to its customers, but also strengthens Everest's commitment to being the preferred partner for customers and brokers.
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